Commission Issues Feedback on the Code of Conduct for Authorised Insurance Representatives Consultation

The Guernsey Financial Services Commission has today issued feedback on comments received on its proposals to amend the Code of Conduct for Authorised Insurance Representatives (“the Code”).

 The Commission has also published the final version of the Code, which will come into effect on 1 April 2017 - this is available to read via the following link: 

Code of Conduct for Authorised Insurance Representatives

 The purpose of the revision is to address the Commission’s conclusions from the thematic review into the sale of general insurance add-on policies that improvements to sales practices were required and to enhance the Code’s effectiveness given current trading methodologies and rapidly changing and developing customer behaviour.