POG arrangements for distributors (Art. 25 para. 1 subpara. 6 IDD)

This question has been rejected because the matters it refers has been answered in Q&A 2479 (europa.eu). Indeed, with regard to clarify “the meaning of "sustainability-related objectives" in context of COMMISSION DELEGATED REGULATION (EU) 2021/1257 of 21 April 2021 amending Delegated Regulations (EU) 2017/2358 and (EU) 2017/2359, in our Q&A 2479 we already stressed that :“On the one hand, the purpose of the “sustainability-related objectives” concept is to capture how insurance undertakings and insurance intermediaries should take into account sustainability aspects as part of the objectives of the group of customers in the identified target market during the product approval for insurance products with a sustainability-related profile.” Concerning the second part of the question on “ how insurance undertakings and insurance intermediaries should take into account sustainability aspects as part of the objectives of the group of customers in the identified target market during the product approval for insurance products with a sustainability-related profile.”, we underline, in the above-mentioned  Q&A, the following elements : “In this light, in the context of the product approval process to which refers Article 5(1) of the amended POG Delegated Regulation, the consideration of the sustainability factors in the product approval phase means that insurance undertakings and insurance intermediaries manufacturing insurance products should ensure that the integration of sustainability factors in the product is, firstly, consistent with the sustainability-related objectives of the customers belonging to the target market, and, secondly, they should also consider sustainability factors more broadly. That does not mean that the product should have additional sustainability-related features, nonetheless, insurance undertakings and insurance intermediaries manufacturing insurance products should assess whether the product has such features.”