EIOPA · 2358 - POG arrangement application to insurance distribution activities meeting Article 1(3) IDD
Product oversight and governance arrangements (Art. 25 IDD)
- Regulation
- (EU) No 2017/2358 - product oversight and governance requirements for insurance, Preparatory Guidelines on product oversight & governance arrangements by insurance undertakings & insurance distributors, (EU) No 2016/97 - Insurance Distribution Directive
- Article
- Article 25 of IDD; Articles 8 and 11 of Delegated Regulation (EU) No 2017/2358
- Topic
- Product oversight and governance arrangements (Art. 25 IDD)
- Submitted
- 2021-11-23
- Answered
- 2022-01-28
Question
Do POG arrangements (Art 25 of IDD) apply to insurance distribution activities that meet Art 1(3) of IDD?
Background
The Preparatory POG Guidelines (para 1.16) state that the Guidelines do not apply to certain activities on an ancillary basis as defined in Article 1(3). However the POG Commission Delegated Regulations do not specifically make reference to exempt ancillary activities.
Answer
This question has been rejected because the matter it refers to has been answered in Q&A 1615.
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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