Life Assurance (Provision of Information) Regulations (Amendment) Regulations 2017

The Central Bank of Ireland has published S.I. 392 of 2017, which amends the Life Assurance (Provision of Information) Regulations 2001. The Life Assurance (Provision of Information) Regulations (Amendment) Regulations 2017 amend Regulation 7 of the Life Assurance (Provision of Information) Regulations 2001 due to the coming into effect of the EU Regulation on key information documents for packaged retail and insurance-based investment products (the PRIIPs Regulation) on 1 January 2018.

The Statutory Instrument dis-applies Regulation 7(2) of the Life Assurance (Provision of Information) Regulations 2001 for products that also fall within the scope of the PRIIPs Regulation.

The amending S.I. is available at the following link: http://www.irishstatutebook.ie/eli/2017/si/392/made/en/pdf

Full details of the amendments are available here