The Commission this week proposed, exceptionally, to push back the application date of the Insurance Distribution Directive (IDD) by seven months to 1 October 2018 following a request by the European Parliament and 16 Member States. Some smaller insurance distributors are not yet fully ready for the new rules. The Insurance Distribution Directive regulates the way insurance products are sold, including across borders. Member States are still required to transpose IDD into national law by the original date of 23 February 2018.