EIOPA has launched a Discussion Paper on conflicts of interest

The European Insurance and Occupational Pensions Authority (EIOPA) has
launched a Discussion Paper on conflicts of interest in the distribution
of insurance-based investment products, following amendments to the
Insurance Mediation Directive. Conflicts of interest, where sellers do not
put the customers' interest first, can lead to harm for customers, and
the Discussion Paper explores how to tackle this. Views from all types of
stakeholders on the Discussion Paper are sought by the end of 22 July.
EIOPA will consider the feedback and prepare its advice to the European
Commission, with a further consultation on its conclusions in the autumn.
A Public Event in order to debate the issues is planned in Frankfurt for
the 11 July. You can find the Discussion Paper here (Link:
https://eiopa.europa.eu/consultations/consultation-papers/index.html ).


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