MiscellaneousU.K.
18.—(1) In section 328 (directions in relation to the general prohibition), in subsection (6)(b)(1), for “insurance mediation directive”, substitute “insurance distribution directive”.
(2) In section 417(1) (definitions) after the definition of “EBA”(2) insert—
““EIOPA” means the European Insurance and Occupational Pensions Authority established by Regulation (EU) No 1094/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Insurance and Occupational Pensions Authority);”.
(3) In section 425 (expressions relating to authorisation elsewhere in the single market), in subsection (1)(a)(3), for “insurance mediation directive”, substitute “insurance distribution directive”.
(4) In paragraph 2B of Schedule 6 (threshold conditions: location of offices)(4), in sub-paragraphs (4) and (5) for “mediation” substitute “distribution”.
Commencement Information
I1Art. 18 in force at 23.5.2018 for specified purposes, see art. 1(2)(a)
I2Art. 18 in force at 1.10.2018 in so far as not already in force, see art. 1(2)(b)
Subsection (6) was substituted by S.I. 2003/1473 and amended by S.I. 2011/1053, paragraph 2 of Schedule 16 to the Financial Services Act 2012 and S.I. 2013/1883.
The definition of “EBA” was inserted by S.I. 2012/916.
Subsection (1)(a) was amended by S.I. 2003/2066, S.I. 2004/3379, S.I. 2006/2975, S.I. 2007/126, S.I. 2007/3253, S.I. 2012/1906, S.I. 2013/1773, S.I. 2013/3115, S.I. 2015/575 and S.I. 2015/910.
Paragraph 2B was inserted by S.I. 2013/555.