Regulation 30 Commission Delegated Regulation (EU) 2017/2358
After Article 2A of the Commission Delegated Regulation (EU) 2017/2358 of 21 September 2017 supplementing Directive (EU) 2016/97 of the European Parliament and of the Council with regard to product oversight and governance requirements for insurance undertakings and insurance distributors [Article 2A is inserted by the Insurance Distribution (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/663).], insert -
For the purposes of this Regulation, the following definitions shall apply:
(1) 'ancillary insurance intermediary' means an ancillary insurance intermediary within the meaning given in article 4(5) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 [S.I. 2001/544. Article 4(5) was amended by S.I. 2003/1476 and 2006/3384.] which would require registration in accordance with Article 3 of the Insurance Distribution Directive if the United Kingdom were a member State in order to carry on insurance distribution activity in the United Kingdom, but does not include a person to whom regulation 47 of the EEA Passport Rights (Amendment, etc., and Transitional Provisions) (EU Exit) Regulations 2018 [S.I. 2018/1149, as amended by the Financial Service Contracts (Transitional and Saving Provision) (EU Exit) Regulations 2019 (S.I. 2019/405).] applies;
(2) 'insurance distribution' has the meaning given in article 4(5) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001;