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Insurance Mediation Directive

Description

The Insurance Mediation Directive is intended to create a single market in insurance via a "passport" for EU retail insurance intermediaries. In return for the passport Member States are required to set certain minimum standards for taking up and continuation of the business of insurance mediation.

The UK Government supports the aim of this Directive. An effective single market should increase competition, innovation and bring significant benefits to consumers.

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European Union Financial Services index