The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has published Advice to the European Commission on the revision of the Insurance Mediation Directive (IMD). The advice is a response to a request for advice by the European Commission to CEIOPS on 27 January 2010. CEIOPS provided technical advice on the following seven issues:

  • Legal framework;
  • Scope;
  • International dimension of insurance intermediation;
  • Professional requirements;
  • Cross-border aspects of insurance intermediation;
  • Management of conflicts of interest and transparency; and
  • Reduction of administrative data.