On 21 November 2012, the Government submitted to the Parliament a Bill that should substantially reform the Czech Insurance Mediation Act. The main proposed changes include (i) limitation of categories of insurance intermediaries from current five categories to only two categories, (ii) stricter qualification rules for obtaining insurance mediation licence, (iii) new rules for disclosure of commissions paid to insurance intermediaries, and (iv) new rules for providing information about costs associated with insurance products to consumers. As a next step, the Bills will be considered by the Lower Chamber of the Parliament.