Press Release: Insurance and investment intermediaries: Commission reports on professional indemnity insurance rules

Author (Corporate)
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Series Details IP/07/492 (12.4.07)
Publication Date 12/04/2007
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The European Commission has adopted a report to the European Parliament and Council on the continued appropriateness of the requirements for professional indemnity insurance (PII) imposed on certain financial services intermediaries under EU law. This report is required under Article 65(6) of the Directive 2004/39/EC on markets in financial instruments (MIFID).

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