Assurances

IDD Implementation Luxembourg

Description

The purpose of this training is to present the Insurance Distribution Directive (IDD) as it will be implemented in Luxembourg law.

Objective

At the end of the training, the participant will be able to : 

  • Understand and apply the professional obligations defined by the IDD regulations as implemented in Luxembourg law

  • Identify the main impacts of IDD regulation in its application in Luxembourg

  • Understand the roles and responsibilities of the different actors

Programme
  • Objectives of the regulations
  • European and Luxembourg legal framework
  • From intermediation to distribution: towards a new governance of networks
  • Registration or approval
  • Status of Intermediaries A Title Accessory (IATA)
  • Direct sales
  • Fit & Proper intermediaries
  • Professional liability
  • The professional obligations and key tools introduced by IDD
  • Customer knowledge
  • Prior information to clients
  • Articulation of IDD and PRIIPS regulations
  • Evaluation of the suitability and appropriate characteristics of  products
  • Product governance
  • Management of conflicts of interest
  • Pay schemes and benefits practice (inducement)
  • The development of professional skills
  • Penalties
Target Public

Insurance intermediaries, insurance industry professionals, employees of insurance companies (HR or other persons involved in training the network, distribution personnel, etc.) as well as any person involved in their professional activity.

Formation
Formation
& Examen
Examen
EN

Sur demande

3 h
Chambre de Commerce Luxembourg
7, rue Alcide de Gasperi
L-1615 Luxembourg
Luxembourg
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130,00 EUR