Letter to the Council: Reform of the European Supervisory Authorities and financial consumer protection

We are writing to express serious concerns over the Council of the EU proposal for reforming the European Supervisory Authorities (ESAs) and urge you to grant them real power related ...
Read More
/ Public letters, Supervision & Redress

BETTER FINANCE response to the ESMA Public Consultation on integrating sustainability risks and factors in MiFID II

As part of the measures on sustainable finance, the EC requested EIOPA and ESMA to develop technical advice for integrating sustainability factors into the general provisions laying down organisational requirements ...
Read More

BETTER FINANCE response to the ESMA Public Consultation on integrating sustainability risks and factors in the UCITS Directive and AIFMD

The European Commission (EC) engaged in a project of overhauling the EU financial framework in line with the actions identified in the “Action Plan: Financing a Sustainable Growth”. The project ...
Read More

BETTER FINANCE Supports Youth For Climate March!

BETTER FINANCE fully supports the Youth for Climate March and stronger public policy for the environment. We believe that it is primarily through public policies addressing negative environmental “externalities” that ...
Read More
/ Press Releases, Sustainabe Finance

Final EU Compromise on European Personal Pensions: good news for EU Pension Savers, but beware the imbedded “Capital Guarantee” Scam

With a global pension gap forecasted to mushroom to $400 trillion by 2050 and income replacement rates decreasing, EU citizens are increasingly asked to rely on personal pension products to ...
Read More

ESAs Advice on PRIIPs is Well-Intentioned, but Misses on Key Issues

12 February 2019 – BETTER FINANCE welcomes the final report of the European Supervisory Authorities’ Joint Committee (ESAs JC) to the European Commission (EC) on targeted amendments to the PRIIPs ...
Read More

Assessment of the EU Public Authorities’ Reports on Costs and Past Performance of EU Retail Financial Products

BETTER FINANCE welcomes the report from ESMA on the cost and performance of retail financial investment products in the EU that provides an initial mapping of the current state of ...
Read More

French savers again excluded from the governance of the French financial supervisory authority (AMF)

Paris, 28 January 2019 - The French Government, the National Assembly and the Senate have just appointed the new members of the AMF’s supervisory body. Yet again the public authorities ...
Read More

European Authorities remain mostly blind when it comes to the Past Performance and Costs of Long-term Savings Products, despite first reports ever released

Long-term retail savings are the only EU consumer products for which consumers and Public Supervisors not only don’t have a clue as to their future performance, but they don’t even ...
Read More
Loading...