Targeted consultation on the reduced content and the standardised format and sequence of the EU follow-on prospectus and the EU growth issuance prospectus BETTER FINANCE welcomes the introduction of the EU Follow-on Prospectus (Article 14a) and the EU Growth Issuance Prospectus (Article 15a) under Regulation (EU) 2024/2809, supporting efforts to reduce administrative burdens, enhance accessibility,
BETTER FINANCE is committed to protecting the interests of individual investors and ensuring the integrity of sustainable finance. As such, we express our concerns regarding the proposed amendments to the EU Taxonomy framework as outlined in the draft Delegated Act coming from the Omnibus proposal. While BETTER FINANCE recognises the Commission’s intent to simplify reporting
A BETTER FINANCE Focused Paper on Fractional Investing The rapid expansion of neobrokers across the European Union has fundamentally reshaped the retail investment landscape by introducing mobile-first, low-cost platforms characterised by streamlined access to financial markets. Central to this transformation is the advent of fractional investing, allowing individuals to acquire portions of securities for minimal
BETTER FINANCE expresses serious concerns over the abrupt and unilateral termination of the financial instruments custody agreement between Zagrebačka banka (UniCredit) and VZMD (Pan-Slovenian Stakeholders’ Association). The termination has left over a thousand retail investors in a vulnerable position, unable to access or transfer their assets. This letter highlights the failure to comply with EU
A Guide for Effective Engagement and Voting Practices for Transition-Linked Equity Investment in Listed Companies The set of Principles developed by BETTER FINANCE and its Working Group Members, aims at standardising transition engagement practices for listed equity across the EU. The Principles emphasise transparency, active engagement, and the importance of evidence-based escalation strategies, targeted towards
Following the Listing Act Package, BETTER FINANCE strongly supports ESMA’s initiative to introduce an EU Code of Conduct (CoC) for issuer-sponsored research, developed under Article 24(3c) of MiFID II. The draft RTS is a long-awaited step toward standardising issuer-sponsored research, reinforcing investor protection, transparency, and research integrity across EU capital markets. Introduced alongside other major reforms, including
BETTER FINANCE, the public interest organisation representing European citizens as savers and investors, welcomes the European Commission’s communication on the Savings and Investments Union (SIU), alongside the draft report by MEP Lalucq on facilitating investment financing and reforms to boost European competitiveness and establish the SIU. This strategic initiative seeks to strengthen citizens’ wealth and
Key points by civil society on the RIS trilogues from the individual investors’ perspective. The Retail Investment Strategy was launched in May 2023, due to the realisation that consumers (i.e. individual investors and policyholders) in the EU keep much of their financial savings in bank accounts and in other nominal capital guaranteed products instead of
BETTER FINANCE recognises EIOPA’s efforts to provide guidance on insurers’ sustainability risk plans and endorses many of the consultation’s proposals. BETTER FINANCE supports the proposal to incorporate a long-term climate scenario through a materiality assessment on climate risk, highlighting the importance of aligning the sustainability materiality and exposure assessments with the own risk and solvency
Executive Summary This report provides a comprehensive analysis of shareholder engagement and the transition of capital flows in Europe. Structured across five key chapters, each addressing critical aspects of shareholder engagement and transition strategies. Coordinated efforts from policymakers, professional investors, and corporate issuers to address existing barriers and promote effective transition investing are instrumental to