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IMD offenders may face European Court of Justice penalty payments

The European Commission has referred France, Germany, Greece, Spain, Portugal and Malta to the Europ...

The European Commission has referred France, Germany, Greece, Spain, Portugal and Malta to the European Court of Justice over their failure to implement the Insurance Mediation Directive.

This move by the EC is an attempt to bring the offending countries in line with the rest of the European Union.

Last month, Professional Broking noted that BIPAR, the European Federation of Insurance Intermediaries, said it was "unclear" when Germany was going to introduce the directive into law, despite the

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