Question ID: 2358 - POG arrangement application to insurance distribution activities meeting Article 1(3) IDD
Regulation Reference: (EU) No 2017/2358 - product oversight and governance requirements for insurance
Topic: Product oversight and governance arrangements (Art. 25 IDD)
Article: Article 25 of IDD; Articles 8 and 11 of Delegated Regulation (EU) No 2017/2358
Status: Rejected
Date of submission: 23 Nov 2021
Question
Do POG arrangements (Art 25 of IDD) apply to insurance distribution activities that meet Art 1(3) of IDD?
Background of the question
The Preparatory POG Guidelines (para 1.16) state that the Guidelines do not apply to certain activities on an ancillary basis as defined in Article 1(3). However the POG Commission Delegated Regulations do not specifically make reference to exempt ancillary activities.
EIOPA answer
This question has been rejected because the matter it refers to has been answered in Q&A 1615.