EIOPA · 1649 - Clarification of Article 16e's use of the term "structure"
Other
- Regulation
- (EU) No 2017/2359 - info requirements and conduct of business rules applicable
- Article
- 16
- Topic
- Other
- Submitted
- 2018-07-10
- Answered
- 2019-09-04
Question
Article 16 of Delegated Regulation 2017/2359 - can EIOPA provide some practical examples for the term ‘structure’ in condition (e)?
Answer
As explained in EIOPA’s Technical Advice on possible Delegated Acts, this term is carried forward from the Directive and EIOPA understands that it refers to a “feature” of the contract (see alsoEIOPA’s Guidelines on this topic where both “structure” and “feature” are used). EIOPA understands that the term “structure” is used by the legislator to capture any relevant part of the contract.
This Q&A is published by European Insurance and Occupational Pensions Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
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