2023-09-04
Added · Updated
The Prudential Regulation Authority and Financial Conduct Authority issued Policy Statement PS23/18 to finalize the implementation of the Insurance Distribution Directive within the UK regulatory framework. This document outlines the specific regulatory changes and amendments required to ensure compliance with the directive's standards for insurance distribution activities. The statement follows a consultation period that ran from September to October 2023, with the final policy published in December 2023.