FSCP has published its positions on the ECON’s draft reports on the reviewed Insurance Mediation Directive (IMD2) and on the Regulation on the Key Information Document for packaged retail investment products (KID Regulation).  On IMD2, it is displeased that the ECON rapporteur’s amendments appear to strip out a significant range of consumer protection issues and risks making the proposal inconsistent with MiFID and the KID work. On the KID Regulation, FSCP is worried the document will become a panacea for all consumer protection problems. It urges the KID should be kept simple and should remain, at least initially, restricted to packaged retail products. (Source: FSCP Position on IMD2 and FSCP Position on KID Regulation)