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8 Amendments of Nils TORVALDS related to 2012/0175(COD)

Amendment 313 #
Nils TORVALDS
Proposal for a directive
Article 8 – paragraph 8
8. The Commission shall be empowered to adopt delegated acts in accordance with Article 33. Those delegated acts shall specify (a) the notion of adequate knowledge and ability of the intermediary when carrying on insurance mediation with its customers as referred to in paragraph 1 of this Article; (b) appropriate criteria for determining in particular the level of professional qualifications, experiences and skills required for carrying on insurance mediation; (c) the steps that insurance intermediaries and insurance undertakings might reasonably be expected to take to update their knowledge and ability through continuing professional development in order to maintain an adequate level of performance.
2013/02/14
Committee: ECON
Amendment 367 #
Nils TORVALDS
Proposal for a directive
Article 17 – paragraph - 1 (new)
1a. In order to prevent conflicts of interest, Member States shall lay down rules ensuring that insurance intermediaries and employees of insurance undertakings disclose to the customer whether they are: (i) an intermediary representing a customer and, where insurance advice is provided on the basis of a fair analysis of a sufficiently large number of insurance contracts available on the market; (ii) an intermediary acting for and on behalf of one or more insurance undertakings and, where insurance advice is provided, whether it is on the basis of an analysis of the products offered by one or more insurance undertakings; or (iii) an employee of an insurance undertaking and, where insurance advice is provided, that it is provided only on the basis of an analysis of the products offered by the insurance undertaking.
2013/02/14
Committee: ECON
Amendment 402 #
Nils TORVALDS
Proposal for a directive
Article 17 – paragraph 1 – point f a (new)
(fa) whether in relation to the insurance contract, the source of remuneration is: (i) the policyholder; (ii) the insurance undertaking; (iii) another insurance intermediary; (iv) a combination of (i), (ii) and (iii).
2013/02/14
Committee: ECON
Amendment 504 #
Nils TORVALDS
Proposal for a directive
Article 21 – paragraph 1
1. Member States shall allow bundling practices but not tying practices.deleted
2013/02/14
Committee: ECON
Amendment 515 #
Nils TORVALDS
Proposal for a directive
Article 21 – paragraph 2
2. When an insurance service or product is offered together with another non- insurance service or product as a package, the insurance undertaking or, where applicable, the insurance intermediary shall offer and inform the customer thatwhether it is possible to buy the components of the package separately and shall, in such cases, provide information of the costs and charges of each component of the package that may be bought through or from it separately.
2013/02/14
Committee: ECON
Amendment 530 #
Nils TORVALDS
Proposal for a directive
Chapter 7 – title
ADDITIONAL CUSTOCONSUMER PROTECTION REQUIREMENTS IN RELATION TO INSURANCE INVESTMENT PRODUCTS
2013/02/14
Committee: ECON
Amendment 535 #
Nils TORVALDS
Proposal for a directive
Article 22 – paragraph 1 – introductory part
This Chapter applies additional requirements to insurance mediation, when carried on in relation to the sale of insurance investment products by:
2013/02/14
Committee: ECON
Amendment 536 #
Nils TORVALDS
Proposal for a directive
Article 22 – paragraph 1 a (new)
It therefore replaces Articles 15 to 18 of chapter IV for the sale of these products.
2013/02/14
Committee: ECON
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