Photo: European Union
The Council has delayed the application of new rules on insurance distribution.
On 9 March 2018, it adopted a directive postponing the application date to 1 October 2018. The directive also extends to 1 July 2018 the deadline given to member states to transpose the new rules into national laws and regulations.
Directive 2016/97 is aimed at improving consumer protection for insurance products. Adopted in December 2015, it was due to apply from 23 February 2018 and member states initially had until then to transpose it.
Read the full press release here.
Visit the meeting the page on the website of the Council of the European Union.