EIOPA'S approach to the supervision of product oversight and governance

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      <subfield code="a">The Insurance Distribution Directive (IDD) Product Oversight and Governance (POG) requirements aim at ensuring that the interests of customers take prime importance during product design and throughout the lifecycle of a product, including within arrangements for its distribution. This document aims at providing more clarity for insurance manufacturers and distributors on the supervisory approach to POG requirements. It can be of useful support for insurance manufacturers and distributors when implementing their own POG policies, so they can better engage with their supervisors. It is, however, for information purposes only and it is neither binding on NCAs, nor on insurance distributors and insurance manufacturers. It does not amend or form any part of the IDD or the Commission Delegated Regulation (EU) 2017/2358 (POG-DR). </subfield>
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