Regulatory AlertsPS23/18: Smarter Regulatory Framework: The Insurance Distribution Directive
The Prudential Regulation Authority and Financial Conduct Authority issued Policy Statement PS23/18 to implement the Insurance Distribution Directive into UK domestic law. The document finalizes rules and guidance to ensure insurance distribution activities are conducted with integrity, transparency, and appropriate consumer protection standards. It establishes the regulatory framework for insurance intermediaries and providers to comply with ongoing supervisory requirements and market conduct obligations.
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