Legal - IMD2: Mediation directive is up for grabs

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Anyone who cares to cast their mind back to the implementation of the Insurance Mediation Directive would agree that some changes are in order and that those changes should go well beyond the changes seen in the UK so far.

For example, there was the replacement of the original ICOB conduct of business rules by the more concise ICOBS and the exemption of freight forwarders from its scope.

The European Union's work on revising the Insurance Mediation Directive has been going on for a couple of

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