Examples of Insurance Mediation Directive in a sentence
The concept of fair analysis is derived from the Insurance Mediation Directive.
The guidance relates to whether the regulated activities in question are carried on for remuneration and by way of business under the Insurance Mediation Directive.
The first is an extensive overhaul of the Insurance Mediation Directive 2002/92/EC (IMD) to ensure that customers benefit from a high level of protection when buying insurance products.
Therefore, the Securities and Markets Stakeholder Group (SMSG) hopes that this consistency issue will be addressed by the upcoming initiative on Packaged Retail Investment Products (PRIPs) and Insurance Mediation Directive review proposals from the European Commission.
This form is not intended to be binding and can be altered.7 Defined as such in the Insurance Mediation Directive, Recital (10).
Enhancing consumer protection and increasing market integration and efficiency are also the ob- jectives attached to the revision of the Insurance Mediation Directive (IMD2), whose negotiation is expected to achieve significant progress under the Italian Presidency.
For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of MiFID II; (ii) a customer within the meaning of the Insurance Mediation Directive, where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in the Prospectus Directive.
The Insurance Mediation Directive and future Insurance Distribution Directive will also cease to apply to them, with the result that they will no longer be able to participate in the so-called notification procedure.
The experience of the Insurance Mediation Directive to dateInsurance intermediaries have an important role to play in the distribution of insurance products.
For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of MiFID II; or (ii) a customer within the meaning of Directive 2002/92/EC (the Insurance Mediation Directive), as amended, where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II.