EIOPA recently published a consultation on proposed guidelines for national supervisors regarding product oversight and governance arrangements by insurers (but not reinsurers or distributors).  Amongst other matters, EIOPA notes that arrangements involving the creation and design, marketing and monitoring/review of products must be appropriate to the target market concerned (and should take into account consumer interests). The proposed guidelines focus on areas including (a) establishment, review and documentation of product governance and oversight arrangements, (b) management of conflicts of interest in product design and (c) knowledge and ability of staff. Comments are invited until 23 January 2015.