News & Events

EIOPA publishes a Consultation Paper on conflicts of interest in direct and intermediated sales of insurance-based investment products

GANADO Advocates - October 3, 2014 - Categories: Other News
On 1 October 2014, EIOPA published a Consultation Paper following a request from the European Commission for technical advice concerning organisational requirements obliging insurance intermediaries and insurance undertakings to take appropriate measures to address conflicts of interest arising in the distribution of insurance based investment products.

IMD II: Mixed Outcome of European Parliament Plenary Vote

GANADO Advocates - March 7, 2014 - Categories: Other News
On 26 February 2014, the European Parliament (EP) adopted in plenary the proposed text of the recast Insurance Mediation Directive (IMD II). The new Directive is set to introduce some significant developments to the rules governing the selling of insurance products across the EU.

IMD II passed by ECON Committee

GANADO Advocates - January 27, 2014 - Categories: Other News
The Economic and Monetary Affairs (ECON) Committee has voted in favour of the final draft wording of the Insurance Mediation Directive (IMD II). The next step is for the new Directive to be debated before the EU Parliament in a plenary session between 24 – 27 February, 2014.