Directive (EU) 2016/97 of the European Parliament and of the Council of 20 January… · Lexiara

Directive (EU) 2016/97 of the European Parliament and of the Council of 20 January 2016 on insurance distribution (recast)Text with EEA relevance

directive · European Union · 32016L0097

403 provisions in 1048 nodes · 103 provisions hand work to national law

Defined terms · All instruments · Internet · access to information · administrative sanction · branch · company law · competition · consumer · consumer

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

ANNEX I MINIMUM PROFESSIONAL KNOWLEDGE AND COMPETENCE REQUIREMENTS (as referred to in Article 10(2)

PART A Repealed Directive with list of its successive amendments

PART B Time limits for transposition into national law referred to in Article 44

ANNEX III Correlation table