The Economic and Monetary Affairs of the European Parliament (ECON) voted yesterday on the Regulation for a Key Information Document for investment products (formerly known as “PRIPs”). EuroFinUse praises the European Parliament for voting for more consistency in summary information for investors, but is quite concerned that a majority of the critical long term and
On October 18, EuroFinUse and the Austrian Shareholder Association (IVA) held an international conference on “The Financial Repression of Savers and Investors”, in Vienna. International authorities from the private and public sectors discussed the alleged inevitability of Financial Repression and proposed solutions to face this issue. The event held at the Vienna Insurance Group was
Yesterday EuroFinUse, WWF and VoteWatch Europe were the last remaining candidates standing at the coveted European Public Affairs Awards, eagerly awaiting the announcement of the winner of the “NGO of The Year” category. The EPA awards single out organisations for excellence in their respective sector, while aiming to encourage best practice in the European public affairs
The European Federation of Financial Services Users releases its research report on the real return of pension savings. This research confirms, broadens and deepens the OECD 2012 Pensions Reportconclusions which revealed negative real returns on average for pension funds. Our research adds other pension savings than pension funds, includes France (not covered by the OECD
EuroFinUse invites you to the Conference on the BETTER FINANCE MANIFESTO which will take place at the European Parliament on March 28. Whereas there are many challenges ahead, few are as acute as dealing with the fallout of the financial crisis. In order to shore up the real economy, protect savers and investors, concentrate on long term
On 26 March, EuroFinUse, the only organisation dedicated to defend the rights of European financial services users, organised a high-level conference on the audit reform, hosted by British MEP Sajjad Karim, to discuss the proposals linked to audit tenure, non-audit services policy, quality, transparency, pricing as well as those targeting the role of audit committees
At the EuroFinUse General Assembly, on 25 March 2013, Jean Berthon was elected as President to head the one and only organization dedicated to defend the rights of financial users. On January 1st 2013, Euroshareholders and EuroFinUse – the two European organizations representing individual shareholders, investors, savers and other financial services users – merged to
EuroFinUse praises the Eurogroup statement from late Monday in favor of fully guaranteeing deposits below EUR 100,000. Moreover, we believe bank depositors should not pay for the excesses of the banking industry and or governments. Therefore, depositors should be protected from bearing the bulk of the Cypriot rescue package. Full Press Release
EuroFinuse, the European Federation of Financial Services Users, is closely following the debate onthe “UCITS V Directive” that is currently focusing on depositories’ liabilities and asset managers’remuneration.These are two major issues that have to be tackled by EU institutions, as they were exposed as theweakest part of the UCITS framework during the financial crisis. Performance
EuroFinUse is very pleased that MEP Pervenche Beres’ amendments on PRIPs match our demands in relation to the inclusion of shares and bonds and other bank savings products, life insurance products as well as the disclosure of inducements paid by the provider to the seller. Press Release
24 September 2020 – The European Commission’s (EC) Directorate-General for Financial Services, Financial Stability and Capital Markets Union (DG FISMA) published a third action plan to build a Capital Markets Union (CMU) – this time for “people and businesses” – which sets 16 policy and regulatory objectives in order to “finally complete the Capital Markets
BETTER FINANCE welcomes the recent opinions of the Committee on Employment and Social Affairs (EMPL) and the Committee on Internal Market and Consumer Protection (IMCO) on the proposed “PEPP” EU Regulation, but remains concerned regarding the recent developments at the European Parliament and Council, in particular with regards to the capital “protection” and the tax
BETTER FINANCE welcomes the recent opinions of the Committee on Employment and Social Affairs (EMPL) and the Committee on Internal Market and Consumer Protection (IMCO) on the proposed “PEPP” EU Regulation, but remains concerned regarding the recent developments at the European Parliament and Council, in particular with regards to the capital “protection” and the tax
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