BETTER FINANCE’s response to the questionnaire on the development of EU Ecolabel criteria for financial products.
Paris, 28 January 2019 – The French Government, the National Assembly and the Senate have just appointed the new members of the AMF’s supervisory body. Yet again the public authorities decided to favour candidates from the financial industry and listed companies and excluded all qualified candidates from organisations representing French savers. For the third time
Long-term retail savings are the only EU consumer products for which consumers and Public Supervisors not only don’t have a clue as to their future performance, but they don’t even know what their past performance has been. On 10 January 2019, following a 2015 request by BETTER FINANCE , the European Supervisory Authorities (ESAs) finally
A BETTER FINANCE Research analysis of the reports prepared by the European Supervisory Authorities (ESAs) on the costs and past performances of financial investment and savings products distributed to retail financial services users in the European Union. Date: 21 January 2019 Authors: Stefan VOICU, voicu@betterfinance.eu Aleksandra MACZYNSKA, maczynska@betterfinance.eu Guillaume PRACHE, prache@betterfinance.eu
BETTER FINANCE has been stressing for several years the crucial need for insurers to invest much more of their own risk assets into equities. The own risk equity assets of Western European insurers had already gone down from 22% in 2001 to 8% in 2010. In 2016, the own risk equity assets of EU insurers
BETTER FINANCE welcomes and appreciates the effort of the European Commission and of the European Supervisory Authorities to put forward proposals for targeted amendments of the Delegated Regulation (DR) concerning the presentation and content of the key information document (KID) for Packaged Retail and Insurance-Based Investment Products (PRIIPs).
BETTER FINANCE welcomes the latest amendments adopted by the ECON Committee to the reform of the European System of Financial Supervision (including the European Banking Authority (EBA), the European Insurance and Occupational Pension Authority (EIOPA), the European Markets and Securities Authority (ESMA) and the European Systemic Risk Board (ESRB). This reform of the European Financial
The Real Return 2018 – Belgium The Real Return 2018 – Bulgaria The Real Return 2018 – Denmark The Real Return 2018 – Estonia The Real Return 2018 – France The Real Return 2018 – Germany The Real Return 2018 – Italy The Real Return 2018 – Latvia The Real Return 2018 – Lithuania The
“The CMU will not be successful if its design focuses solely on financial institutions’ needs. It must also add value to investors. Diversifying the funding of our economy can only be achieved if investors have an incentive to take part in this initiative. It makes no sense to create a fully integrated market for professional investors
On 6 December the European Securities and Markets Authority (ESMA) announced the new composition of its Securities and Markets Stakeholder Group (SMSG). BETTER FINANCE thanks and congratulates ESMA for improving on the consumer and retail user representation within the SMSG, now at 11, up from 9 in the previous stakeholder group.