Regulatory Alerts2018-01-16
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PS18/1: Insurance Distribution Directive implementation - Feedback and near-final rules to CP17/33 and other IDD consultations
The Financial Conduct Authority issued Policy Statement PS18/1 to provide feedback and near-final rules regarding the implementation of the Insurance Distribution Directive. This document responds to Consultation Paper CP17/33 and other related IDD consultations, finalizing regulatory requirements for insurance distribution in the UK. The publication establishes the definitive framework for firms to comply with the new directive standards effective from the specified dates.
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