The Insurance Distribution (Amendment) (EU Exit) Regulations 2019

Made: 25th March 2019

Coming into force in accordance with regulation 1

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PART 1 — General provisions

Citation and commencement

1

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PART 2 — Amendment of retained direct EU Legislation

CHAPTER 1 — Commission Delegated Regulation (EU) 2017/2358

Commission Delegated Regulation (EU) 2017/2358

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General provisions

3

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Product governance requirements for manufacturers

4

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Product governance requirements for insurance distributors

5

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Transfer of Directive Functions

6

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Final provisions

7

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CHAPTER 2 — Commission Delegated Regulation (EU) 2017/2359

Commission Delegated Regulation (EU) 2017/2359

8

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Scope and definitions

9

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Conflicts of interest and inducements

10

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Assessment of suitability and appropriateness

11

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Transfer of Directive functions

12

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Final provisions

13

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Signed

Mike Freer — Rebecca Harris — Two of the Lords Commissioners of Her Majesty's Treasury — 2019-03-25

Explanatory note

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Footnotes

[^f00001]: 2018 c.16.

[^f00002]: The Handbook of Rules and Guidance published by the Financial Conduct Authority is available on https://www.handbook.fca.org.uk/handbook and copies of the rules referred to can be obtained from the Financial Conduct Authority, 12 Endeavour Square, London E20 1JN, where they are also available for inspection.

[^f00003]: OJ L 335, 17.12.2009, p. 1-155.

[^f00004]: 1993 c.48.

[^f00005]: OJ L 26, 2.2.2016, p. 19-59

[^f00006]: The powers in paragraphs 1 and 2 are transferred from Article 25(2) of the Insurance Distribution Directive (Directive 2016/97/EU).

[^f00007]: The powers in this paragraph are transferred from Article 20(9) of the Directive 2016/97/EU.

[^f00008]: OJ L 335, 17.12.2009, p. 1-155

[^f00009]: 1993 c.48.

[^f00010]: S.I. 2001/544. Article 4(5) was inserted by S.I. 2018/546.

[^f00011]: The Handbook of Rules and Guidance published by the Financial Conduct Authority is available on https://www.handbook.fca.org.uk/handbook and copies of the rules referred to can be obtained from the Financial Conduct Authority, 12 Endeavour Square, London E20 1JN, where they are also available for inspection.

[^f00012]: The powers in this paragraph are transferred from Article 28(4) of Directive 2016/97/EU.

[^f00013]: The powers in this paragraph are transferred from Article 29(4) of Directive 2016/97EU.

[^f00014]: The powers in paragraphs 6 and 7 are transferred from Article 30(6) of Directive 2016/97/EU.

Editorial notes