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Duty to provide insurance advice: the ACPR recommends new good practices

News Financial services Guidance
Date: 21st Nov, 2024 Source: French Prudential Supervision and Resolution Authority Country: France Original Source

Brief

On 21/11/2024, the French Prudential Supervision and Resolution Authority issued an update regarding "Duty to provide insurance advice: the ACPR recommends new good practices". The updated recommendation aims to accompany insurance distributors in implementing new regulations, integrating client preferences for sustainability, and drawing lessons from previous controls. It extends the scope of the duty to provide insurance advice to all insurance products, including life insurance contracts.

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French Prudential Supervision and Resolution Authority

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