On 1 July 2020, Germany took over the Presidency of the Council of the European Union from Croatia and published the presidency programme for the next six months, including several aspects related to financial services, highlighting “a sustainable financial market architecture, stable financial policy and fair taxation”. With regards to taxation the German Presidency is

We, the undersigned organisations, would like to congratulate you for the very important announcement made during several recent online events, that the Commission will propose legislation in 2021 on both corporate due diligence and directors’ duties as part of your initiative on sustainable corporate governance, taking into account ongoing national-level mandatory due diligence developments. We

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published the new list of members of its Securities and Markets Stakeholder Group (SMSG). The selected individuals begin a four-year term on 1 July 2020. The SMSG will provide ESMA with advice on its policy work and must be consulted on technical

BETTER FINANCE and BEUC published a Joint Public Letter concerning the collective redress file in light of the recently published Final Report of the High-Level Forum on the Future of the Capital Markets Union, reaffirming the necessity of creating a pan-EU collective redress mechanism that does not exclude European citizens as financial consumers and individual

PRESS RELEASE The Report of the High-Level Forum on the European Capital Markets Union (CMU): European Savers one step closer to getting Sustainable Value for their Money Brussels, 10 June 2020 – A little over 6 months after the European Commission (EC) launched its High-Level Forum (HLF) on the Future of CMU, the group of

Brussels, 22 May 2020 – With the current crisis calling for a tightening of the link between employees and their companies, especially in the case of SMEs, BETTER FINANCE’s member organisation  EFES, the European Federation of Employee Share Ownership, launched a concrete proposal on how to co-opt Employee Share Ownership (ESO) to help fund companies

Brussels, 23 April 2020 – The necessary health, quarantine and social distancing measures taken to fight the ongoing Covid-19 pandemic, are taking their toll on economies around the world. This strategy – crucial to the fight – coupled with monetary and budgetary expansions of unseen magnitudes, will have lasting and damaging economic consequences due to

POLITICO reports that on 10 April EU finance ministers approved the “terms of reference” in which they pledge “to raise the subjects of carbon and energy taxes” in the various international meetings that will take place over the course of next week with the aim of building a coordinated response to the corona crisis. Rather

Brussels, 7 April 2020 – The continued spread of the COVID-19 virus around the world and the emergency confinement measures have severely disrupted capital markets. EU Citizens in their capacity as investors and savers are already feeling the squeeze and will be among the first in line to suffer from the economic and financial fallout