On October 22, the Economic and Monetary Affairs of the European Parliament (ECON) voted on the Regulation for a Key Information Document for investment products (formerly known as “PRIPs”). These new amendments proposed by MEP Sharon Bowles include the introduction of a complexity label for products deemed complex by the manufacturer as well as a
A recent article by Manuel Hinds – El Salvador’s former finance minister – tells us to heed the new warning by Mr Rajan – the economist who predicted the financial crisis and current governor of the Reserve Bank of India – hinting at the fact that the combination of high rates of monetary creation and
On September 24 EuroFinUse will be present at Eurosif’s first European SRI Symposium. This high-profile policy event, taking place in Brussels is positioned as a dialogue between the sustainable and responsible investment industry and European policy-makers. It will be an opportunity to discuss key policy and industry developments such as the long term investment Green
EuroFinUse was quoted in the Accountancy Age with regards to the EU Audit regulation. It’s a case of going back to basics. Should the ultimate oversight body for auditing in the EU be the European Group of Auditors’ Oversight Bodies (EGAOB), as set up under the 8th Company Law directive, which has roots going back
The World Bank Centre for Financial Reporting Reform, in cooperation with the Chamber of Auditors of Romania, is organizing a one day event on ‘The Audit Committee, the keystone of the financial reporting and audit process: From policy to practice‘ on 6 June 2013. EuroFinUse will participate to this event to offer the perspective of
European lawmakers have called off a controversial vote that would have led to further delays implementing reform of the region’s derivatives markets, following strong pressure by the European Commission. Leading parliamentarians agreed on Thursday to withdraw a motion just hours before it was set to go to all 750 members of the European Parliament. If
At the last General Assembly meeting in Paris, ADAM the French shareholder association headed by Colette Neuville (a member of EuroFinuse) welcomed Jean Berthon, chairman of FAIDER, also a member of EuroFinuse, and Basil Postan, a retired British investment expert as its new Board Members.
As pointed out at several occasions by BETTER FINANCE , EU citizens as savers are by nature mostly long-term driven, evidenced by the fact that 67% of their total assets are deployed in long-term investments (versus only 37% for pension funds – despite their purely long-term horizon – and 10% or less for insurers), and
BETTER FINANCE has the pleasure to announce that Aleksandra Maczynska has just joined its Brussels team as number two. Read the Press Release here
In December 2013 the subordinated bondholders in five Slovenian banks (NLB, NKBM, Abanka, Probanka and Factor Banka) were bailed-in to refinance these struggling institutions. Subordinated bonds in a sixth bank (Banka Celje) were wiped out in December 2014. In each case the bail-in consisted of a complete wipe-out of all subordinated bonds, including those sold