New act on insurance mediation is in the pipeline

The Danish Financial Supervisory Authority has sent a draft bill for a new act on insurance mediation out for consultation. The new act is to implement parts of the Insurance Distribution Directive (IDD) into Danish law.

The consultation period expires on 4 August 2017 and the bill is expected to be introduced in October 2017 and to come into force on 23 February 2018 in accordance with the IDD's deadline for implementation.

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