Call for caution in the sale of credit protection insurance policies

Topic area:
Status: 12.10.2022 |
Archived
Initiative
Official name
EIOPA warns insurers and banks to address issues with high remuneration and conflicts of interest from the sale of credit protection insurance or face possible supervisory action
Type
Other
Level 3 / Other
Initiator
EIOPA
Submitted
Doc. code
EIOPA-BoS-22/434
Summary
Status
Status

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Current version
Final version
30.08.2022
Next step
Entry into force and application
Entry into force

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Application date

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Scope
Relevant for

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Associated initiatives
Level 1
–
Level 2
–
Level 3 / Other
Credit protection insurance (CPI) (non-binding, EU)

Source: EIOPA, EIOPA-BoS-22/434, 2022