BETTER FINANCE asks EU Politicians about their Key Priorities for the Next Five Years Press Release – Next May nearly 450 million Europeans across the EU will be called to vote in the European parliamentary elections. The European Union faces many challenges on multiple fronts and it’s important to ensure that European savers and investors
A strong European CMU requires the trust of citizens as individual investors, policy holders, pension savers and other savers. And defusing the pensions time bomb requires positive and decent real long term returns to pension savers. Those can only be reached by increasing the attractiveness of the EU capital markets to the benefit of all
The Financial Conduct Authority (FCA) is considering either banning or capping exit fees charged by investment platforms. Christopher Woolard, executive director of strategy and competition at the FCA noted that even though the platform market is working well, it needs to be less expensive and time-consuming. According to him, restricting exit fees would make it
The Financial Reporting Council (FRC), the UK’s accounting watchdog, is to be scrapped in favour of a stronger regulator with more power on investigating company directors (currently the FCR can only investigate them if they are also registered with an accounting body) and ability to issue harsher penalties including higher fines, and even prison terms.
Yesterday, the European Banking Authority (EBA) has published its report on high earners for 2017, available for the first time in a user-friendly format on the remuneration of “staff whose professional activities have a material impact on” the risk profile of the financial institution. The Capital Requirements Directive (CRD IV) sets out principles for sound
On 3-5 April Guillaume Prache, Managing Director of BETTER FINANCE will participate in an annual EUROFI event in Bucharest, where major ongoing issues in the financial area will be discussed by industry leaders and EU and international public decision makers. The seminar will cover topics such as sustainability in the financial sector, the influence of post-Brexit
By Jean Medernach – The main role of EFRAG, the European Financial Reporting Advisory Group, is to advise the European Commission on whether new IFRS should be endorsed in Europe. The criteria for endorsement of new or revised IFRS are: Technical: do they meet the criteria of understandability, relevance, reliability and comparability of the financial
On 25 March, BETTER FINANCE’s Chief Communications Officer Arnaud Houdmont will participate in Brussels Kick-Off of European Money Week on “The future of financial education in Europe” as one of the speakers where he will present BETTER FINANCE’s financial education efforts.
On 5th March 2019, BETTER FINANCE’s Chief Communication Officer Arnaud Houdmont will participate in QED event on the creation of the Capital Markets Union, investment opportunities and the role of the EU banks.
On 27 February, BETTER FINANCE’s Policy Officer Edoardo Carlucci will participate in an engagement workshop with civil society organised by the European Investment Bank (EIB). During the workshop, its draft “Guidance Note for Stakeholder Engagement in EIB Operations” will be presented and discussed with various civil society organisations.