+DIRECTIVE (EU) 2016/97 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 20 January 2016 on insurance distribution (recast) (Text with EEA relevance)
---+CHAPTER I SCOPE AND DEFINITIONS
------+Article 1
---------+Article 1 1.
---------+Article 1 2.
---------+Article 1 3.
---------+Article 1 4.
---------+Article 1 5.
---------+Article 1 6.
------+Article 2
---------+Article 2 1.
---------+Article 2 2.
---+CHAPTER II REGISTRATION REQUIREMENTS
------+Article 3 Registration
---------+Article 3 1.
---------+Article 3 2.
---------+Article 3 3.
---------+Article 3 4.
---------+Article 3 5.
---------+Article 3 6.
---------+Article 3 7.
---+CHAPTER III FREEDOM TO PROVIDE SERVICES AND FREEDOM OF ESTABLISHMENT
------+Article 4 Exercise of the freedom to provide services
---------+Article 4 1.
---------+Article 4 2.
---------+Article 4 3.
------+Article 5 Breach of obligations when exercising the freedom to provide services
---------+Article 5 1.
---------+Article 5 2.
---------+Article 5 3.
------+Article 6 Exercise of the freedom of establishment
---------+Article 6 1.
---------+Article 6 2.
---------+Article 6 3.
---------+Article 6 4.
------+Article 7 Division of competence between home and host Member States
---------+Article 7 1.
---------+Article 7 2.
------+Article 8 Breach of obligations when exercising the freedom of establishment
---------+Article 8 1.
---------+Article 8 2.
---------+Article 8 3.
---------+Article 8 4.
---------+Article 8 5.
------+Article 9 Powers in relation to national provisions adopted in the interest of the general good
---------+Article 9 1.
---------+Article 9 2.
---+CHAPTER IV ORGANISATIONAL REQUIREMENTS
------+Article 10 Professional and organisational requirements
---------+Article 10 1.
---------+Article 10 2.
---------+Article 10 3.
---------+Article 10 4.
---------+Article 10 5.
---------+Article 10 6.
---------+Article 10 7.
---------+Article 10 8.
------+Article 11 Publication of ‘general good’ rules
---------+Article 11 1.
---------+Article 11 2.
---------+Article 11 3.
---------+Article 11 4.
---------+Article 11 5.
------+Article 12 Competent authorities
---------+Article 12 1.
---------+Article 12 2.
---------+Article 12 3.
------+Article 13 Cooperation and exchange of information between the competent authorities of Member States
---------+Article 13 1.
---------+Article 13 2.
---------+Article 13 3.
---------+Article 13 4.
------+Article 14 Complaints
------+Article 15 Out-of-court redress
---------+Article 15 1.
---------+Article 15 2.
------+Article 16 Restriction on use of intermediaries
---+CHAPTER V INFORMATION REQUIREMENTS AND CONDUCT OF BUSINESS RULES
------+Article 17 General principle
---------+Article 17 1.
---------+Article 17 2.
---------+Article 17 3.
------+Article 18 General information provided by the insurance intermediary or insurance undertaking
------+Article 19 Conflicts of interest and transparency
---------+Article 19 1.
---------+Article 19 2.
---------+Article 19 3.
---------+Article 19 4.
---------+Article 19 5.
------+Article 20 Advice, and standards for sales where no advice is given
---------+Article 20 1.
---------+Article 20 2.
---------+Article 20 3.
---------+Article 20 4.
---------+Article 20 5.
---------+Article 20 6.
---------+Article 20 7.
---------+Article 20 8.
---------+Article 20 9.
------+Article 21 Information provided by ancillary insurance intermediaries
------+Article 22 Information exemptions and flexibility clause
---------+Article 22 1.
---------+Article 22 2.
---------+Article 22 3.
---------+Article 22 4.
---------+Article 22 5.
------+Article 23 Information conditions
---------+Article 23 1.
---------+Article 23 2.
---------+Article 23 3.
---------+Article 23 4.
---------+Article 23 5.
---------+Article 23 6.
---------+Article 23 7.
------+Article 24 Cross-selling
---------+Article 24 1.
---------+Article 24 2.
---------+Article 24 3.
---------+Article 24 4.
---------+Article 24 5.
---------+Article 24 6.
---------+Article 24 7.
------+Article 25 Product oversight and governance requirements
---------+Article 25 1.
---------+Article 25 2.
---------+Article 25 3.
---------+Article 25 4.
---+CHAPTER VI ADDITIONAL REQUIREMENTS IN RELATION TO INSURANCE-BASED INVESTMENT PRODUCTS
------+Article 26 Scope of additional requirements
------+Article 27 Prevention of conflicts of interest
------+Article 28 Conflicts of interest
---------+Article 28 1.
---------+Article 28 2.
---------+Article 28 3.
---------+Article 28 4.
------+Article 29 Information to customers
---------+Article 29 1.
---------+Article 29 2.
---------+Article 29 3.
---------+Article 29 4.
---------+Article 29 5.
------+Article 30 Assessment of suitability and appropriateness and reporting to customers
---------+Article 30 1.
---------+Article 30 2.
---------+Article 30 3.
---------+Article 30 4.
---------+Article 30 5.
---------+Article 30 6.
---------+Article 30 7.
---------+Article 30 8.
---+CHAPTER VII SANCTIONS AND OTHER MEASURES
------+Article 31 Administrative sanctions and other measures
---------+Article 31 1.
---------+Article 31 2.
---------+Article 31 3.
---------+Article 31 4.
---------+Article 31 5.
---------+Article 31 6.
------+Article 32 Publication of sanctions and other measures
---------+Article 32 1.
---------+Article 32 2.
---------+Article 32 3.
------+Article 33 Breaches, and sanctions and other measures
---------+Article 33 1.
---------+Article 33 2.
---------+Article 33 3.
---------+Article 33 4.
------+Article 34 Effective application of sanctions and other measures
------+Article 35 Reporting of breaches
---------+Article 35 1.
---------+Article 35 2.
------+Article 36 Submitting information to EIOPA in relation to sanctions and other measures
---------+Article 36 1.
---------+Article 36 2.
---------+Article 36 3.
---+CHAPTER VIII FINAL PROVISIONS
------+Article 37 Data protection
---------+Article 37 1.
---------+Article 37 2.
------+Article 38 Delegated acts
------+Article 39 Exercise of the delegation
---------+Article 39 1.
---------+Article 39 2.
---------+Article 39 3.
---------+Article 39 4.
---------+Article 39 5.
------+Article 40 Transitional period
------+Article 40a Accessibility of information on the European single access point
------+Article 41 Review and evaluation
---------+Article 41 1.
---------+Article 41 2.
---------+Article 41 3.
---------+Article 41 4.
---------+Article 41 5.
---------+Article 41 6.
---------+Article 41 7.
---------+Article 41 8.
------+Article 42 Transposition
---------+Article 42 1.
---------+Article 42 2.
------+Article 43 Amendment of Directive 2002/92/EC
------+Article 44 Repeal
------+Article 45 Entry into force
------+Article 46 Addressees
---+ANNEX I MINIMUM PROFESSIONAL KNOWLEDGE AND COMPETENCE REQUIREMENTS
---+ANNEX II
---+ANNEX III Correlation table
 English - European Union - Financial Industry -

DIRECTIVE (EU) 2016/97 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 20 January 2016 on insurance distribution (recast) (Text with EEA relevance)

DIRECTIVE (EU) 2016/97 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

of 20 January 2016

on insurance distribution (recast)

(Text with EEA relevance)

1. Przegląd

,
CHAPTER I SCOPE AND DEFINITIONS CHAPTER I SCOPE AND DEFINITIONS
CHAPTER II REGISTRATION REQUIREMENTS CHAPTER II REGISTRATION REQUIREMENTS
CHAPTER III FREEDOM TO PROVIDE SERVICES AND FREEDOM OF ESTABLISHMENT CHAPTER III FREEDOM TO PROVIDE SERVICES AND FREEDOM OF ESTABLISHMENT
CHAPTER IV ORGANISATIONAL REQUIREMENTS CHAPTER IV ORGANISATIONAL REQUIREMENTS
CHAPTER V INFORMATION REQUIREMENTS AND CONDUCT OF BUSINESS RULES CHAPTER V INFORMATION REQUIREMENTS AND CONDUCT OF BUSINESS RULES
CHAPTER VI ADDITIONAL REQUIREMENTS IN RELATION TO INSURANCE-BASED INVESTMENT PRODUCTS CHAPTER VI ADDITIONAL REQUIREMENTS IN RELATION TO INSURANCE-BASED INVESTMENT PRODUCTS
CHAPTER VII SANCTIONS AND OTHER MEASURES CHAPTER VII SANCTIONS AND OTHER MEASURES
CHAPTER VIII FINAL PROVISIONS CHAPTER VIII FINAL PROVISIONS
ANNEX I MINIMUM PROFESSIONAL KNOWLEDGE AND COMPETENCE REQUIREMENTS



ANNEX I

MINIMUM PROFESSIONAL KNOWLEDGE AND COMPETENCE REQUIREMENTS

(as referred to in Article 10(2)

I 

Non-life risks classified under classes 1 to 18 in Part A of Annex I to Directive 2009/138/EC:

(a) 

minimum necessary knowledge of terms and conditions of policies offered, including ancillary risks if covered by such policies;

(b) 

minimum necessary knowledge of applicable laws governing the distribution of insurance products, such as consumer protection law, relevant tax law and relevant social and labour law;

(c) 

minimum necessary knowledge of claims handling;

(d) 

minimum necessary knowledge of complaints handling;

(e) 

minimum necessary knowledge of assessing customer needs;

(f) 

minimum necessary knowledge of the insurance market;

(g) 

minimum necessary knowledge of business ethics standards; and

(h) 

minimum necessary financial competency.

II 

Insurance-based investment products:

(a) 

minimum necessary knowledge of insurance-based investment products, including terms and conditions and net premiums and, where applicable, guaranteed and non-guaranteed benefits;

(b) 

minimum necessary knowledge of advantages and disadvantages of different investment options for policyholders;

(c) 

minimum necessary knowledge of financial risks borne by policyholders;

(d) 

minimum necessary knowledge of policies covering life risks and other savings products;

(e) 

minimum necessary knowledge of organisation and benefits guaranteed by the pension system;

(f) 

minimum necessary knowledge of applicable laws governing the distribution of insurance products, such as consumer protection law and relevant tax law;

(g) 

minimum necessary knowledge of the insurance market and of the saving products market;

(h) 

minimum necessary knowledge of complaints handling;

(i) 

minimum necessary knowledge of assessing customer needs;

(j) 

conflicts of interest management;

(k) 

minimum necessary knowledge of business ethics standards; and

(l) 

minimum necessary financial competency.

III 

Life risks classified in Annex II to Directive 2009/138/EC:

(a) 

minimum necessary knowledge of policies including terms, conditions, the guaranteed benefits and, where applicable, ancillary risks;

(b) 

minimum necessary knowledge of organisation and benefits guaranteed by the pension system of the relevant Member State;

(c) 

knowledge of applicable insurance contract law, consumer protection law, data protection law, anti-money laundering law and, where applicable, relevant tax law and relevant social and labour law;

(d) 

minimum necessary knowledge of the insurance and other relevant financial services markets;

(e) 

minimum necessary knowledge of complaints handling;

(f) 

minimum necessary knowledge of assessing consumer needs;

(g) 

conflicts of interest management;

(h) 

minimum necessary knowledge of business ethics standards; and

(i) 

minimum necessary financial competency.
ANNEX II



ANNEX II

PART A

Repealed Directive with list of its successive amendments

Directive 2002/92/EC of the European Parliament and of the Council (OJ L 9, 15.1.2003, p. 3).

Directive 2014/65/EU of the European Parliament and of the Council (OJ L 173, 12.6.2014, p. 349).

Directive (EU) 2016/97 of the European Parliament and of the Council (OJ L 26, 2.2.2016, p. 19).

PART B

Time limits for transposition into national law referred to in Article 44



Directive

Time limit for transposition of amending Directives

2014/65/EU

(EU) 2016/97

3.7.2016

22.2.2016 (as regards amendment of Directive 2002/92/EC in accordance with Article 43 of this Directive)

23.2.2018 (as regards transposition of this Directive in accordance with Article 42)
ANNEX III Correlation table



ANNEX III

Correlation table



Directive 2002/92/EC

This Directive

Article 1(1)

Article 1(1) and (2)

Article 1(2)

Article 1(3) and (4)

Article 1(3)

Article 1(6)

Article 2 point (1)

Article 2(1) point (6)

Article 2 point (2)

Article 2(1) point (7)

Article 2 point (3)

Article 2(1) point (1) and Article 2(2)

Article 2 point (4)

Article 2(1) point (2) and Article 2(2)

Article 2 point (5)

Article 2(1) point (3)

Article 2 point (6)

Article 2(1) point (5)

Article 2 point (7)

—

Article 2 point (8)

Article 2(1) point (16)

Article 2 point (9)

Article 2(1) point (10)

Article 2 point (10)

Article 2(1) point (11)

Article 2 point (11)

—

Article 2 point (12)

Article 2(1) point (18)

Article 2 point (13)

Article 2(1) point (17)

Article 3(1)

Article 3(1)

Article 3(2)

Article 3(2) and (3)

Article 3(3)

Article 3(4)

Article 3(4)

—

Article 3(5)

—

Article 3(6)

Article 16

Article 4(1)

Article 10(1) and (2)

Article 4(2)

Article 10(3)

Article 4(3)

Article 10(4)

Article 4(4)

Article 10(6)

Article 4(5)

—

Article 4(6)

—

Article 4(7)

Article 10(7)

Article 5

Article 40

Article 6(1)

Articles 4 and 6

Article 6(2)

—

Article 6(3)

Article 11(1)

Article 7

Article 12

Article 8

Articles 5, 7, 31 to 36

Article 9

Article 13

Article 10

Article 14

Article 11

Article 15

Article 12(1) point (a)

Article 18 points (a)(i), (b)(i)

Article 12(1) point (b)

Article 18 point (a)(iv)

Article 12(1) point (c)

Article 19(1) point (a)

Article 12(1) point (d)

Article 19(1) point (b)

Article 12(1) point (e)

Articles 18 points (a)(iii), (b)(iii) and 19(1) point (c)

Article 12(2)

Article 20(3)

Article 12(3)

Article 20(1)

Article 12(4)

Article 22(1)

Article 12(5)

Article 22(2) and (4)

Article 13

Article 23

Article 14

—

Article 15

—

Article 16

—

Article 17

—

1.1 Odwołania

1.2 Zidentyfikowane wymagania

1.3 Powiązane normy

2. Zidentyfikowane wymagania

Wymagania

3. Powiązane normy

Normy

Powiązane zgłoszenia

Powiązania
is related to Imported: Versicherungsvertriebsrichtlinie (IDD) (EU) 2016/97 (CELEX:02016L0097-20241009)