Insurance intermediaries * are considered as the vital links in the selling of insurance products in the European Union (EU). This Directive aims to make it easier for insurance intermediaries to avail themselves of the right to freedom of establishment and freedom to provide services and to guarantee a high level of protection for their
A financial services firm authorised in another European Economic Area (EEA) state can offer certain products or services in the UK and other EEA countries, if it has a ‘passport’ to do so. The EEA includes the EU states, plus Iceland, Norway and Liechtenstein. These firms are regulated in their home country and must meet
Does a recent question and answer session in the House of Lords suggest a volte face on the retail distribution review (RDR)? As the Treasury Select Committee’s review of the FSA’s retail distribution review (RDR) continues, attracting more than 200 submissions, a question and answer session in the House of Lords has confirmed that firms