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08/05/2018
 

BETTER FINANCE Feedback on a Directive amending MiFID II regarding Crowdfunding services


BETTER FINANCE agrees that in order to avoid legal uncertainty and the multiplication of legal requirements for crowdfunding platforms, MiFID II should not apply to crowdfunding providers who have been authorized as crowdfunding providers under the ECSP.

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BETTER FINANCE
BETTER FINANCE
 
 
 
 
 
08/05/2018
 

BETTER FINANCE-Feedback on a directive on representative actions for the protection of collective interest of consumers FINAL 7.05.2018


An EU-wide collective redress mechanism for all financial services users such as savers, retail investors, life insurance policy holders, pension fund participants, small and individual shareholders or employee shareholders is more than needed. The right to redress and the right to access to justice is especially important in the area of financial services as financial products have a serious impact on the quality of life of active and retired citizens. Moreover, financial products are often technical and complex making it very difficult for users to even evaluate the extent of their detriment.

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BETTER FINANCE
BETTER FINANCE
 
 
 
 
 
08/05/2018
 

BETTER FINANCE s feedback- IR on minimum requirements in the transmission of information for the exercise of shareholders rights


BETTER FINANCE congratulates the Expert Group on Technical Aspects of Corporate Governance Processes for their work. The Implementing Regulation (IR) takes important steps towards facilitating cross-border voting and ensures a harmonised application of its requirements which reduces the risk of fragmentation across Member States. Even though it was not within the remit of the IR to tackle the shortcomings of SRD II itself, it seeks to address some of the issues at hand.

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BETTER FINANCE
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