Following the European Parliament’s call to postpone the application of the IDD to 1 October 2018, ECON has written to the European Commission asking it to take the Committee’s suggestion into account.
ECON states in its letter that such a legislative proposal is needed swiftly in order to enhance legal certainty concerning the provisions applicable and to allow for the necessary organisational and technical changes needed to comply with the provisions introduced by the IDD.
ECON asks the Commission to address its concerns urgently and welcomes further dialogue on a possible legislative proposal.