Postponed Entry into Force of IDDDirective

The Act adopted on 26 January 2018 changes the date of entry into force of the Insurance Distribution Act, which implements into the Polish legal system the provisions of Directive of the European Parliament and of the Council (EU) 2016/97 of 20 January 2016 on distribution of insurance (Directive IDD) as of October 1, 2018. The postponement of the entry into force of the Act of 15 December 2017 on insurance distribution by 7 months will allow entities operating on the insurance market to better adapt to the new legal regulations.