Consultation on the draft Supervisory Statement on IBIP Sales Processes
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EIOPA public consultation on its draft supervisory statement for outcomes-focused supervision of IBIP sales processes and pre-contractual disclosures. Addressed to national supervisors, it complements compliance-based supervision and introduces no new requirements or reporting obligations.
Key points
- Asks supervisors to assess whether processes and documents support informed customer decisions
- Seeks input on complexity, duplication, proportionality and safeguards
- Responses will be published unless confidentiality is requested
Who is affected
IBIP manufacturers and distributors, national supervisors
Deadlines
Response deadline: 4 January 2027
Plain-language version
A consultation by EIOPA, the EU watchdog for insurers and pension plans, on how insurance products with an investment element (IBIPs) are sold. It asks supervisors to check whether the documents and sales steps really help customers decide, without adding new obligations. Anyone can respond until 4 January 2027.
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Summary produced with artificial intelligence from the official publication. It may contain errors: always check the original document.
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