Insurance EuropeInsurance Europe
IMD 2: Mixed outcome of Parliament plenary vote

On 26 February the European Parliament’s plenary voted on the proposals to revise the Insurance Mediation Directive (IMD 2). The Parliament report introduces a recital seeking to “ensure alignment” between IMD 2 and the revised Markets in Financial Instruments Directive (MiFID 2). The exact details of what is meant by this alignment are unclear, but the Parliament agreed that this would need to be worked out during trialogue negotiations on IMD 2.

Published 27 February 2014