Insurance : Agreement by end June will be difficult

Reaching a compromise on the revision of Directive 2002/92/EC on insurance mediation (IMD 2) governing the distribution of insurance products by the end of June is likely to be “very difficult,” underline several European sources. This was the initial objective but the dossier is politically sensitive and technically complex. Meeting on 8 June in Strasbourg, negotiators from the Latvian Presidency (on behalf of the Council), the EP and the Commission continued discussions on various aspects, including the methodology to be…