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Ceiops' IMD delay raises hopes over review outcome

barbara bradshaw iib

The five-month delay of the Committee of European Insurance and Occupational Pensions Supervisors' submission to the European Commission on the revision of the Insurance Mediation Directive demonstrates the complexity of opinion on the subject, according to the British Insurance Brokers' Association.

Steve White, Biba head of compliance and training, told Post that he believes a lot of EU member states would prefer to stick with current rules rather than pressing ahead with a revised set.

Mr White

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FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

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