Thematic Review Of Market Conduct

In cooperation with the European Insurance and Occupational Pensions Authority (EIOPA), the MFSA has launched a thematic review of market conduct addressed at insurance undertakings operating in the unit-linked life insurance market.

The purpose of the review is to identify potential sources of consumer detriment stemming from business interlinkages between providers of asset management services and insurance undertakings and the extent to which the latter are affected by the existence of monetary incentives and remuneration received.

The thematic review focuses on three key issues:

• Existence and characteristics of monetary incentives and remuneration;
• How insurance undertakings address conflicts of interest;