The public hearing provided a unique opportunity to hear the views of a range of stakeholders on the key issues relating to the revision of the IMD and was attended by relevant associations of insurance intermediaries, insurance undertakings, CEIOPS and its members and consumer groups. Over 270 people attended.
Director Elemér Terták's opening and MEP Sharon Bowles' keynote speeches were followed by panel discussions and Q&A on the scope of the IMD, its registration system, information requirements, transparency, conflicts of interests issues and selling practices of investments packaged as life insurance policies (PRIPs insurance products). Commissioner Barnier gave his keynote speech in the afternoon.
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