Opinion: Branko Bjelobaba on the Insurance Distribution Directive
The FCA’s consultation on the Insurance Distribution Directive ends soon and Branko Bjelobaba wonders if the IDD goes far enough
The Insurance Distribution Directive (IDD) is looming with responses to the Financial Conduct Authority’s (FCA) consultation document due in by 5 June.
At 126 pages is it worth a read, especially as we are leaving the EU?
Despite Brexit, the directive will be implemented.
We need to provide an equivalent and sound regulatory structure for anyone wishing to do business here in the UK as does the rest of the EU for our businesses when trading out there.
If we implement the directive then we
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