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EUROPEAN COMMISSION Brussels, XXX COM(2012) 360 ... - BVVM

EUROPEAN COMMISSION Brussels, XXX COM(2012) 360 ... - BVVM

EUROPEAN COMMISSION Brussels, XXX COM(2012) 360 ... - BVVM

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EIOPA will have to collect and publish information about general good rules. It will have to ensure that information it receives relating<br />

to stricter national provisions on information requirements and conflicts of interests is communicated to insurance undertakings,<br />

intermediaries and consumers. It shall publish information on sanction in its annual report as well.<br />

5) Tasks related to the monitoring and evaluation of the proposal (3 reports)<br />

EIOPA will have to produce two reports on the application of this Directive (one is after 4 year of the entry into force, the other one is<br />

after 6 years). In these reports, EIOPA shall undertake an evaluation of the structure of insurance intermediaries' markets. EIOPA shall<br />

examine whether the competent authorities are sufficiently empowered and have adequate resources to carry out their tasks. EIOPA will<br />

have to examine in a separate report whether the existing general good rules comply with the aim of the Internal Market.<br />

EN 84 EN

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