On March 24 Guillaume Prache, Managing Director at BETTER FINANCE, spoke at the EFAMA Conference on “The Future of Financial and Investor Education in Europe” on the role of the European institutions and the finance industry in promoting financial education. With the aim of developing new common objectives and policy priorities, the conference provided a substantial debate
In his speech at the 2016 ECB/EC financial integration conference in Frankfurt, Guillaume Prache, Managing Director of BETTER FINANCE, discusses the Capital Markets Union and the impact it will have on retail investors. Please read the full speech here.
BETTER FINANCE alongside with fund managers and Politicians have failed to persuade the European Union to implement amendments that were aimed at making documents easier to understand and more reliable for investors. Guillaume Prache, managing director of BETTER FINANCE, said the European Commission’s decision last week to sign off the rules without any amendments was
Guillaume Prache, Managing Director of BETTER FINANCE, has been recently quoted in the FT discussing the impact and importance of consumer investment regulation, including the Alternative Investment Fund Managers Directive and the Markets in Financial Instruments Directive II: “Most funds covered are actually retail long-only ones – for example, in France, there are 3,500 domiciled
EuroFinUse’s Managing Director, Guillaume Prache, was a speaker at a hearing held by the European Economic and Social Committee’s Section for Economic and Monetary Union and Economic and Social Cohesion (ECO) on “Completing EMU – arguments and proposals for the next term of office of the European Parliament and the European Commission” last fifth of
In the next two years, European investment funds will be subjected to two regulatory changes. If MIFIDII is expected to have a limited impact, according to experts, PRIPS raises more concerns. MiFID II is supposed to enter into force in 2017; however, since the financial sector is not ready, it will take more time. The
There are about 3.3 million individual shareholders in France representing about 6.5% of all shareholding in the 40 largest French companies, two times less than in 2009. The figure remains approximate because, for unclear reasons, companies are reluctant to reveal their numbers. Banks appear to communicate more openly on this issue. Guillaume Prache, Managing Director
According to Guillaume Prache, "the younger generations do not turn to their bank clerk for savings advice”. “We are witnessing the emergence of a large multifaceted consulting sector online, . Alongside the sites of the traditional players of the finance world, there are now purely online services. The rapid development of FinTech – the practice