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Fortis saga: Dutch Court Approves a € 1.3 collective settlement in favour of Fortis shareholders

On the 13th of July the Dutch Court of Appeal endorsed the agreement between Ageas, the legal heir of Fortis, and the organisations representing the abused shareholders. A deal has been reached ten years after the dismantling of...[more]

Category: News

The European Parliament looks into the Practice of Mis-selling of Financial Products following BETTER FINANCE Study

BETTER FINANCE`s 2017 study on the Mis-selling of Financial Products put mis-selling on the radar of the EP, with five recent ECON studies referencing the study as well as quoting BETTER FINANCE`s extensive work on the subject....[more]

Category: News

BETTER FINANCE joins the board of the Pension Institute newly launched by FECIF

The Pan-European Trade Association for Financial Advisers and Intermediaries (FECIF) announced the creation of the FECIF European Pension Institute (FEPI) on Monday 11th of June. Determined to have more say on the ongoing...[more]

Category: News

The future of finance in Europe: Is digital disruption good for customers?

BETTER FINANCE's Managing Director, Guillaume Prache, participated to a roundtable discussion on the Future of Finance in Europe, hosted by Ana Botin, Executive Chairman, Santander. On 6 June Santander’s Ana Botin, the...[more]

Category: News

Joint EBA and ESMA statement addresses consumer protection issues for retail holders of debt financial instruments.

Examining the treatment of retail holders of debt financial instruments, in the context of the BRRD and MiFID II, ESMA and EBA released a joint statement on the 30th of May. The joint statement is clear in its conclusion:...[more]

Category: News

UK banks accused of double-standards, costing British savers £600 million

Analysis conducted by UK consumer group Which? shows that 9 out of 10 UK banks did not fully pass on last year`s interest rate rise from the Bank of England to consumers. The numbers presented by Which? were outlined in a recent...[more]

Category: News

Economic Prediction – Astrology`s Less Reliable Cousin?

2018 saw the start of the implementation of the packaged retail and insurance-based investment products (PRIIPs) regulation, imposing a new standardized information document (KID) to parties providing investment products....[more]

Category: News
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