NoScript Tracker
Create an alert Customised training
This training is offered in the form of face-to-face training.
Catalog

IDD Implementation in Luxembourg

Insurance

In collaboration with:

See more

Description

Description

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

La formation continue, pilier de la transformation dans le secteur des assurances

 
 

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.

Conditions

Course Material

Please note that for environmental reasons no paper version of the training material will be provided for your training. The course material can be downloaded free of charge via your portal before the start of the course (download the Client Portal User’s Guide here). You will be able to view it on the screen of your mobile device or print it if necessary. If your registration has been made by a training manager of your company please contact him/her so that he/she can give you access to it or send it to you.

Location
Chambre de Commerce Luxembourg
7, rue Alcide de Gasperi
L-1615 Luxembourg
Luxembourg
Calculate the itinerary