MFSA Consultation Document on Knowledge and Ability requirements and Continuous Professional Development in terms of the Insurance Distribution Directive

Authors: Tanya Causon, Stefan Vella
Published on April 9, 2018
Tags: , ,
Practices: Insurance & Reinsurance Corporate, Insurance & Reinsurance Regulation
On the 16th March 2018 the MFSA issued a Consultation Document on two additional chapters which will form part of a Single Rulebook containing all the Insurance Distribution Rules to be issued under the Insurance Distribution Act (“IDA”). This Consultation Document follows from the earlier proposed amendments to the Insurance Intermediaries Act (“IIA”) and the Insurance Business Act (“IBA”) for the purposes of transposing the Insurance Distribution Directive (“”IDD”).