AFM responds to EIOPA on complex insurance-based investment products
AFM responds to EIOPA on complex insurance-based investment products
AFM has issued its response to European insurance regulator EIOPA on its consultation on complex insurance-based investment products. We welcome the pragmatic approach taken, but recognise there is still scope for home regulators, including FCA, to take a less helpful approach. We are concerned this would affect thousands of consumers who purchase products from financial mutuals.
For our full response, follow this link.