Introduction to IDD
Good Practice Guide
06 September 2018
29 July 2019
Learn how CPD requirements will change and how to remain compliant through your learning.
The upcoming Insurance Distribution Directive outlines the new CPD requirements that brokers will to need to comply with.
This guide aims to help professionals focus their efforts on aspects of regulation that will help them take stock of their business and increase public trust. It also aims to present a ‘no dramas’ approach to the directive. This should help firms to understand that they may already be doing most of what they need to do to comply with the IDD.
This Good Practice Guide examines the following:
- What is the IDD?
- Why was the IDD introduced?
- How are the standards in the IDD different from existing regulation?
- How is the scope of the directive different from existing regulation?
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This document is believed to be accurate but is not intended as a basis of knowledge upon which advice can be given. Neither the author (personal or corporate), the CII group, local institute or Society, or any of the officers or employees of those organisations accept any responsibility for any loss occasioned to any person acting or refraining from action as a result of the data or opinions included in this material. Opinions expressed are those of the author or authors and not necessarily those of the CII group, local institutes, or Societies.