October 27, 2021

Volume XI, Number 300

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October 27, 2021

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EC Publishes Proposal to Delay IDD Application Date

The European Commission has today published a legislative proposal to push back the application date of IDD until 1 October 2018, at the request of the European Parliament and Member States.

Member states will still be required to transpose IDD into national legislation by the current implementation date of 23 February 2018.

The European Parliament and Council will now need to agree this proposal in an accelerated legislative procedure.

Copyright © 2021 Womble Bond Dickinson (US) LLP All Rights Reserved.National Law Review, Volume VII, Number 354
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About this Author

Roseyna Jahangir attorney Womble London
Attorney

Roseyna is a member of the financial services team. She works with clients ranging from banks and insurers to new entrants to the markets and companies for whom financial services are non-core activities; she assists clients in achieving their commercial objectives while operating within and complying with the applicable regulatory requirements. 

Roseyna provides practical advice and assistance on a broad range of financial services issues, including the requirements of the Financial Services and Markets Act and the Consumer Credit Act and...

+44 (0)20 7788 2377
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