On May 25, 2026, the General Secretariat of the Government (SGG) of Morocco launched a public consultation on a draft law to reform Book IV of the Insurance Code, which governs the distribution of insurance products. The initiative aims to modernize the regulatory framework for insurance intermediaries and ensure better consumer protection.
The draft law, published on the SGG's official website, proposes updates to align with international standards, including those from the International Association of Insurance Supervisors (IAIS). Key provisions include stricter requirements for insurance intermediaries regarding transparency, training, and conflict of interest management.
Stakeholders and the public have been invited to submit comments within a specified period. The reform is part of broader efforts by Moroccan authorities to strengthen the financial sector and enhance trust in insurance services. No specific date for adoption has been announced.
