FCA announces delay in application date for Insurance Distribution Directive (IDD)

The FCA published the following statement today with regard delaying the implementation of the Insurance Distribution Directive (IDD) to 1 October 2018:

https://www.fca.org.uk/news/statements/fca-statement-european-commission-announcement-insurance-distribution-directive-idd

Jackie Crookes, Compliance Manager for FISC Ltd, says “Whilst welcoming the delay in implementation, FISC’s systems and services were ready for February. We will spend the intervening months ensuring all our clients and Network Members are fully prepared and ready to comply well in advance of the new implementation date”.

OUR PRODUCT BROCHURE
Download