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European Insurance and Occupational Pensions Authority
 

Consultation on the draft Supervisory Statement on IBIP Sales Processes

  • Consultation
  • Open

Details

Status
Open
Opening date
Deadline

Target audience

All interested stakeholders.

Why we are consulting

EIOPA is consulting on its draft Supervisory Statement on outcomes-focused supervision of insurance-based investment product sales processes and pre-contractual disclosures.

Addressed to national competent authorities, the Statement aims to promote more consistent, proportionate and risk-based supervision of how existing sales safeguards operate in practice. It complements compliance-based supervision and does not introduce new regulatory requirements, reporting obligations or prescribed supervisory methodologies, whilst aiming to simplify the customer journey and reduce burden.

EIOPA particularly invites practical input on unnecessary complexity and duplication in the customer journey, the application of proportionality, relevant safeguards and trade-offs, and the clarity and usability of the proposed supervisory approach.

Respond to the consultation

Stakeholders are invited to submit their feedback via the online survey no later than 4 January 2027. Responses will be published on EIOPA’s website unless confidentiality is requested.

Reference documents

  • 8 OCTOBER 2026
Consultation Paper on the draft Supervisory Statement on IBIP Sales Processes.pdf