EIOPA published a report on 9 October 2012 regarding the standards of training for insurance intermediaries set down by EU supervisors. This summarises feedback received from EIOPA members during 2012 in relation to such training standards, and other matters such as sanctions for failure to comply with them. Interesting points highlighted by the report include that (a) the requirement to update knowledge and ability varies considerably (and, in some cases, there is no such obligation) and (b) in many jurisdictions, knowledge and ability are only assessed by the supervisor before the first registration of the intermediary with no subsequent assessment. During 2013, EIOPA intends to consult on a report setting out best practices in relation to training standards, which may (when finalised) be used in EIOPA’s work on the proposed revised insurance mediation Directive (IMD2).