Annex 1C BETTER FINANCE helps investors identify potential falsely active funds (“closet indexers”), and asks regulators to investigate further: It replicated the ESMA study on closet indexing and identified up to 165 equity “UCITS” funds that could potentially be closet indexers. Annex 1.A – List of All Funds (2332 funds) Annex 1.B – List of
ANNEX 1B BETTER FINANCE helps investors identify potential falsely active funds (“closet indexers”), and asks regulators to investigate further: It replicated the ESMA study on closet indexing and identified up to 165 equity “UCITS” funds that could potentially be closet indexers. Annex 1.A – List of All Funds (2332 funds) Annex 1.B – List of
ANNEX 1A BETTER FINANCE helps investors identify potential falsely active funds (“closet indexers”), and asks regulators to investigate further: It replicated the ESMA study on closet indexing and identified up to 165 equity “UCITS” funds that could potentially be closet indexers. Annex 1.A – List of All Funds (2332 funds) Annex 1.B – List of
BETTER FINANCE sent out an open letter to the Slovenian Prime Minister and Slovenian Members of Parliament as well as the European Commission’s Directorate”‘General for Financial Stability, Financial Services and Capital Markets Union in support of the Pan-Slovenian Shareholders’ Association (VZMD) and joins it in denouncing the severe restrictions to be enacted by the Republic
It has been brought to our attention by the Pan-Slovenian Shareholders’ Association (VZMD), which is one of our most engaged and dedicated members, that the Republic of Slovenia intends to enact severe restrictions in the upcoming months through the amendments of the markets in Financial Instruments Act (ZTFI-G) that will seriously jeopardize the ability of
BETTER FINANCE provides its response to ESMA’s Consultation on the draft guidelines on MiFID governance requirements.
On 9 December 2016 the EU presidency and the EU Parliament agreed on the final version of the new Shareholders Rights Directive (SRD). BETTER FINANCE welcomes the completion of the new SRD which took years to finalise. This final version provides limited improvements in shareholders rights, in particular in the critical areas of shareholder identification
Largely ignored, Slovenian investors suffer the consequences of the harshest bank rescue to date… The actual implementation of bail-in rules in the case of the Slovenian banks is hitting non-insider retail investors really hard, and does not give them a fair shot at recovering their damages three years after their savings in those banks’ subordinated
The Managing Director of BETTER FINANCE presented the case of the bail-in of the six top Slovenian banks to the Banking Stakeholder Group of the European Banking Authority (EBA) at a meeting in London on 8 December 2016. The actual implementation of bail-in rules in the case of the Slovenian banks is hitting non-insider retail
BETTER FINANCE keenly supports the European Commission’s proposal to launch a Pan-European Personal Pension product (PEPP) as a key component of the Capital Markets Union (CMIU) initiative. The extreme fragmentation of the numerous EU markets in Personal Pension Products (PPP) hampers the development of badly needed economies of scale. BETTER FINANCE strongly doubts that any