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The ESBG calls for clear definitions but should not deal with information requirements for insurers which amend the Directives 92/49/EEC (non-life insurance) and 92/96/EEC (life insurance). For the sake of clarity and transparency, these amendments to the existing directives should be subject to a separate legislative process as it is not recommendable to regulate insurance activities in a proposal regulating insurance mediation.
© European Savings Banks Group
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