Copyright: European Union
On 14 February 2018, EU ambassadors confirmed, on behalf of the Council, an agreement to delay the transposition deadline and application of new rules on insurance distribution.
Directive 2016/97 is aimed at improving consumer protection for insurance products. It is currently due to apply from 23 February 2018, and member states have until then to transpose it into national laws and regulations.
Read the full press release on the website of the Council of the European Union.