The Internal Market and Consumer Protection Committee (IMCO) has reported to the Economic and Monetary Affairs Committee (ECON) on the proposals for the revised Insurance Mediation Directive (IMD2) and Key Information Document for investment products Regulation (KID). It thinks the IMD2 proposal is a good starting point, and believes four areas are critical – tying and bundling, remuneration rules, geographical scope and the scope of the insurance mediation perimeter. On the KID, it supports the Commission’s initiative to ensure that uniform rules applying to all participants in the investment product markets. It also agrees a Regulation is the correct legislative instrument to address the KID. (Source: IMCO Reports on IMD2 and IMCO Reports on KID)