Last Saturday 5 October, the Flemish Federation for Investors (VFB) held its annual congress aimed at providing retail investors with investment tips. The event was a big success with more than 1.200 participants looking for the latest investment advice. Watch this space for more information.
European Parliament approved this Thursday, September 12, the EU bank supervision system, which is intended to be the core element for the banking union. The EP seeks thus to establish a "more uniform culture for bank supervision". The system’s transparency and accountability were strengthened and the European Banking Authority was tasked to develop supervisory practices
The European Commission responded to a question from a Member of the European Parliament that Cyprus-style “taxes on deposits” could be levied in more than one Member State. Read more here
The European Commission organizes a public hearing for the European Supervisory Authorities (ESAs) and the European Systemic Risk Board (ESRB) on 24 May 2013. Questions will address the achievements of the individual authorities and effectiveness of the ESFS as a whole, taking into account the possible impact of the Single Supervisory Mechanism. The Financial Services
At FEE’s Roundtable on "How to improve the functioning of audit committees further" , which took place on 5 February, around a 100 participants including European policymakers, audit committee members, investors, professional accountants and auditors and regulators discussed further improvements of the functioning of audit committees to help identify and shape good practices. EuroFinuse President, Jella
The financial crisis has taught regulators to make the banking system safer. As a result, banks are being pushed out of riskier areas of activity and are required to hold more capital. Britain is discussing details of reforms aiming at imposing losses on bank bond holders as opposed to taxpayers. This means that many borrowers
With a global pensions gap estimated at $70 trillion and forecasted to mushroom to $400 trillion by 2050, the future of pensions is by far the biggest financial issue faced by EU citizens. With this in mind, the European Commission’s Proposal for a Pan European Personal Pension product (PEPP) from 29 June 2017 has been
BETTER FINANCE is pleased to announce that Christiane Hölz will represent BETTER FINANCE and DSW, BETTER FINANCE’s German member organisation, at the Commission Expert Group on Technical Aspects of Corporate Governance Processes. 21 June 2017 – As it stands, a significant part of transferable shares in companies are managed through intermediaries due to legal or
BETTER FINANCE fully discloses the results of its replication of ESMA’s quantitative study ESMA would not disclose the names of the funds it identified as “potential equity closet indexing funds” in its investigation results released in February 2016 (see annex 3), leaving fund investors in the dark. This is why BETTER FINANCE decided to replicate
BETTER FINANCE, the European Federation of Investors and Financial Services Users, has committed to support the Stichting (Foundation) Volkswagen Investors Claim in pursuing recovery for investors who suffered investment losses resulting from the Volkswagen (VW) emissions scandal. To this day, the Dutch collective redress system remains the only system that can effectively represent abused European