On 27 June 2013, EIOPA issued the following consultation papers:

  1. Consultation Paper on Draft Report on Good Practices on Comparison Websites

EIOPA is seeking input from interested parties on good practices in addressing activities by websites that compare insurance products. The draft report is intended to promote transparency, simplicity and fairness for internet users in the market for online comparisons of insurance products.

Comments from interested parties should be submited by 23 September 2013. EIOPA intends to publish a final report on the consultation before Q2 2014. EIOPA also intends to submit its Report for adoption by the Board of Supervisors before Q2 2014.

Please click here to view the consultation materials in full.

  1. Consultation Paper on a Draft Report on Good Supervisory Practices regarding knowledge and ability requirements for distributors of insurance products:

EIOPA is seeking input from stakeholders on good supervisory practices regarding knowledge and ability requirements for distributors of insurance products. The focus of the Report is on (i) promoting supervisory convergence amongst competent authorities in the area of industry training standards and (ii) facilitating any future policy work EIOPA might carry out on professional requirements.

Comments are invited from interested parties by 23 September 2013. EIOPA intends to publish a final report on the consultation before Q2 2014. EIOPA also intends to submit this Report for adoption by the Board of Supervisors before Q2 2014.

Please click here to view the consultation materials in full.