1.
A competent authority may prohibit or restrict the following in or from its Member State: the marketing, distribution or sale of insurance-based investment products or insurance-based investment products with certain specified features; or a type of financial activity or practice of an insurance or reinsurance undertaking.
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Source: EUR-Lex (Cellar) · retrieved 2026-10-30 · Text as adopted (Official Journal); later amendments are not incorporated in this text.