EIOPA has launched a consultation on the proposal for preparatory guidelines on product oversight and governance arrangements by insurance undertakings and insurance distributors. The guidelines should help regulators to prepare for Insurance Distribution Directive implementation. As EIOPA has already consulted on proposed guidelines for insurance undertakings, and has built the results of its consultation into the new paper, it invites respondents to focus their comments on the proposed guidelines for insurance distributors. Consultation closes on 29 January 2016. (Source: EIOPA Consults on Product Guidelines)