Public hearing on the draft Supervisory Statement on IBIP Sales Processes

EIOPA has the pleasure to announce that the registration for the online Public Hearing on the draft Supervisory Statement on IBIP Sales Processes, taking place on 1 December 2026, is now open.

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. 

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.

During the public hearing, EIOPA will present the draft Supervisory Statement, followed by an opportunity for participants to ask questions.