Examples of Mediation Directive in a sentence
Fair AnalysisThe concept of fair analysis is derived from the Insurance Mediation Directive.
Relevant Community obligations which the FSA may need to consider include those under the Banking Consolidation Directive, the Insurance Directives, the Investment Services Directive/Markets in Financial Instruments Directive; and the Insurance Mediation Directive.
The concept of fair analysis is derived from the Insurance Mediation Directive.
The recent initiatives on the Insurance Mediation Directive (IMD) and PRIPS by the Commission seek to obtain similar regulatory and disclosure requirements for category (ii) type life insurance products when comparable to other financial instruments with the same characteristics.
Article 6 of the 2008 Mediation Directive provides that Member States shall ensure the enforceability of agreements resulting from mediation.
For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, MiFID II); (ii) a customer within the meaning of Directive 2002/92/EC (as amended, the Insurance Mediation Directive), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II.
The first is an extensive overhaul of the Insurance Mediation Directive 2002/92/EC to ensure that customers benefit from a high level of protection when buying insurance products.
The guidance relates to whether the regulated activities in question are carried on for remuneration and by way of business under the Insurance Mediation Directive.
For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of MiFID II; or (ii) a customer within the meaning of Directive 2002/92/EC (as amended or superseded, the Insurance Mediation Directive), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II.
The MPLC has notified the FSC of its intention to provide cross border services in accordance with the requirements of the EU Insurance Mediation Directive.