EC could force mandatory commission disclosure, warns Biba
The British Insurance Brokers' Association has said that the revision of the Insurance Mediation Directive could result in mandatory disclosure of commission for the insurance industry by 2019 along with an increase in the regulatory cost burden.
Biba chief executive, Eric Galbraith, pictured, will advise brokers at Biba's 2012 conference next week that the text for the revised IMD, likely to be published in the coming weeks, could include a
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