IMD apprehension still high
The Insurance Mediation Directive has finally been fully implemented across all 27 European member s...
The Insurance Mediation Directive has finally been fully implemented across all 27 European member states, prompting questions on the impact of the single-regulated system ahead of the findings of a European Union business review in September.
Early analysis of the impact of the IMD has shown that for those who already had a single regulator in place - such as the UK with the Financial Services Authority - the transition has been smooth.
Apprehension over high introduction costs and extra
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