EIOPA has written to the Commission to express its concerns over the suggestion that sales of insurance investment products should fall within the scope of MiFID 2. EIOPA argues that the necessary consistency would be better achieved by including similar provisions in IMD2 and notes the IMD regime takes a more appropriate account of the distribution channels, customer base and the "demands and needs" of insurance customers than MiFID 2 would. The letter suggests it would be better for MiFID 2 to include changes to the current IMD in relation to the sale of insurance PRIPs, if the concern is that the IMD2 review process is moving too slowly. (Source: EIOPA Writes to Commission on MiFID 2 and Insurance)