The European Insurance and Occupational Pensions Authority (EIOPA) has published a Consultation paper on powers for bann

The European Commission asked EIOPA for its advice on completing new rules
on the intervention powers of national supervisors and EIOPA. This is
about powers and procedures for temporarily prohibiting or restricting the
marketing, distribution and sale of specific insurance-based investment
products. Bans should happen only if serious concerns exist regarding
investor protection, orderly functioning and integrity of financial
markets, or the stability of the whole or part of the financial system.

Consulting all stakeholders on this matter is the next step in preparing
the Commission. The consultation ends 27 February 2015.

Click here (Link:
https://eiopa.europa.eu/consultations/consultation-papers/index.html )to
read the Consultation paper


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