Insurance distributors becoming aware that an insurance product is not in line with the interests, objectives and characteristics of its identified target market or becoming aware of other product-related circumstances that may adversely affect the customer shall promptly inform the manufacturer and, where appropriate, amend their distribution strategy for that insurance product.
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New version applies from 02/08/2022 — introduced by Commission Delegated Regulation (EU) 2021/1257.
8 provisions change.
Article 11 changes in this version: compare with the current text.