Europe: The Insurance Distribution Directive: Looking under the bonnet
The Insurance Distribution Directive came into force on 23 February 2016 and European insurance distributors - namely brokers, agents and other intermediaries - will have to comply with it from 23 February 2018
Depending on how you print it, the Insurance Mediation Directive is only eight pages long. However, the IDD that will update and replace it totals more than 40, and it is likely to be supplemented by
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