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Insurance Distribution Directive

Directive (EU) 2016/97 on insurance distribution
32016L0097 · official text on EUR-Lex

Articles

Chapter I SCOPE AND DEFINITIONS

• Article 1 — Scope
• Article 2 — Definitions

Chapter II REGISTRATION REQUIREMENTS

• Article 3 — Registration

Chapter III FREEDOM TO PROVIDE SERVICES AND FREEDOM OF ESTABLISHMENT

• Article 4 — Exercise of the freedom to provide services
• Article 5 — Breach of obligations when exercising the freedom to provide services
• Article 6 — Exercise of the freedom of establishment
• Article 7 — Division of competence between home and host Member States
• Article 8 — Breach of obligations when exercising the freedom of establishment
• Article 9 — Powers in relation to national provisions adopted in the interest of the general good

Chapter IV ORGANISATIONAL REQUIREMENTS

• Article 10 — Professional and organisational requirements
• Article 11 — Publication of ‘general good’ rules
• Article 12 — Competent authorities
• Article 13 — Cooperation and exchange of information between the competent authorities of Member States
• Article 14 — Complaints
• Article 15 — Out-of-court redress
• Article 16 — Restriction on use of intermediaries

Chapter V INFORMATION REQUIREMENTS AND CONDUCT OF BUSINESS RULES

• Article 17 — General principle
• Article 18 — General information provided by the insurance intermediary or insurance undertaking
• Article 19 — Conflicts of interest and transparency
• Article 20 — Advice, and standards for sales where no advice is given
• Article 21 — Information provided by ancillary insurance intermediaries
• Article 22 — Information exemptions and flexibility clause
• Article 23 — Information conditions
• Article 24 — Cross-selling
• Article 25 — Product oversight and governance requirements

Chapter VI ADDITIONAL REQUIREMENTS IN RELATION TO INSURANCE-BASED INVESTMENT PRODUCTS

• Article 26 — Scope of additional requirements
• Article 27 — Prevention of conflicts of interest
• Article 28 — Conflicts of interest
• Article 29 — Information to customers
• Article 30 — Assessment of suitability and appropriateness and reporting to customers

Chapter VII SANCTIONS AND OTHER MEASURES

• Article 31 — Administrative sanctions and other measures
• Article 32 — Publication of sanctions and other measures
• Article 33 — Breaches, and sanctions and other measures
• Article 34 — Effective application of sanctions and other measures
• Article 35 — Reporting of breaches
• Article 36 — Submitting information to EIOPA in relation to sanctions and other measures

Chapter VIII FINAL PROVISIONS

• Article 37 — Data protection
• Article 38 — Delegated acts
• Article 39 — Exercise of the delegation
• Article 40 — Transitional period
• Article 41 — Review and evaluation
• Article 42 — Transposition
• Article 43 — Amendment of Directive 2002/92/EC
• Article 44 — Repeal
• Article 45 — Entry into force
• Article 46 — Addressees