Access to equity market data is essential for “retail” investors to make informed investment decisions. However, new research by BETTER FINANCE [1] found that online equity market data published by the four largest EU equity markets (in 2019, according to ESMA) are de facto not or just partially accessible to non-professional users.[2] Equity trading venues (Regulated
Access to equity market data is essential for “retail” investors to make informed investment decisions. However, new research by BETTER FINANCE found that online equity market data published by the four largest EU equity markets in 2019 are de facto not or just partially accessible to non-professional users. The European Securities and Markets Authority (ESMA)
Regulations on Markets in Crypto Assets and the EU Pilot Regime for Distributed Ledger Technology (DLT) based market infrastructures BETTER FINANCE welcomes the initiatives and efforts of EU public authorities to accommodate emerging technologies in financial services whilst maintaining a safe and stable environment for consumers and financial services users to benefit from our single
The Covid-19 crisis showed how digitalization can play a useful role for consumers and businesses. However, digitalization and new emerging technological trends do not come without risks, scams, and fraud. This rapid digital transformation accelerated by the pandemic requires shaping the 2030 digital targets by putting people and the public interest back at the centre
BETTER FINANCE welcomes the Commission’s initiative to create a unique digital platform – a European Single Access Point – for investors to access all information about issuers of financial instruments and manufacturers of investment products. For a long time, BETTER FINANCE has called for standardising and aggregating in one source information, data, and documents on
In January, the market value of American video game and electronics retailer GameStop, driven by an “army” of “retail” investors[1], shot up from $1.4 billion to $33.7 billion. This dramatic increase in stock price caused hedge funds that were shorting[2] GameStop to “suffer” significant losses and accuse retail investors of market manipulation. This standoff between
16 February 2021 – José F. Estévez, Managing Partner of CREMADES & CALVO-SOTELO ABOGADOS, has been appointed as a member of the European Securities and Markets Authority (ESMA) Corporate Finance Standing Committee Consultative Working Group (CWG). ESMA is an independent authority of the European Union (EU) that contributes to safeguarding the stability of the EU
BETTER FINANCE is happy to announce that The European Banking Authority’s Banking Stakeholder Group (BSG) selected one of its previous vice-chairs, Alin Iacob, to join the BSG again. Alin Iacob is the Chairman of the Association of Romanian Financial Services Users (AURSF). AURSF has been a member of BETTER FINANCE, the European Federation of Investors
The EU regulates two main mutual fund types: UCITS (undertakings for collective investment in transferable securities, the most “popular” among EU individual investors) and AlFs (alternative investment funds). AIFs are similar to UCITS but represent a more specialised, riskier category of mutual funds and are designed for a smaller, more affluent category of individual, nonprofessional
BETTER FINANCE considers the aim of the EC Commission to establish a European framework on Sustainable Corporate governance in order to better hold directors accountable to long-term oriented stakeholders praiseworthy. However, BETTER FINANCE warns against basing any future measures on the conclusions of a Study on directors’ duties and sustainable corporate governance due to its