Following ESMA hearing on its MiFID II and MiFIR Consultation on February 19 in Paris, BETTER FINANCE expresses its concerns regarding the treatment individual investors face by “dark” capital market “venues”. Please find out more here.
BETTER FINANCE published it comments to the Discussion Paper on KIDs for PRIIPs of the Joint Committee of the ESAs. Read our concerns here.
Please find here our comments to EIOPA Consultation Paper on Further Work on Solvency of IORPs.
400 000 French pension savers who have been the victims of an irresponsible and misleading strategy are being sacrificed once again. The French mutual UMR announced measures to try and fill the undisclosed hole (amounting to at least 2.5 billion euros) of COREM and “R1”, the pension funds it manages since 2002. Please read more
BETTER FINANCE notes with concern that the panel on “relevant players in the market for long term capital” at the upcoming Conference by the European Commission and the Italian Presidency on the Capital Market Union, does not include any representatives of individual investors, although they are explicitly (and rightly) identified as one of the three
BETTER FINANCE published its response to the European Commission consultation on the impact of IFRS in the EU.
The European Commission’s review of the shareholders rights directive is a good step forward, but, if not amended and improved upon by the European Parliament, will fail to fix the high barriers to shareholder engagement in EU listed companies. Please read more about BETTER FINANCE’s concerns here.
BETTER FINANCE published its position on the review of the Shareholders Rights Directive.
UCITS are one of the most important retail investment products for investors. In general, BETTER FINANCE is in favour of reducing risks that are not directly linked to the assets themselves. To that end a sound and safe depositary regime indeed constitutes one of the key components to achieve high level of protection. Please find
BETTER FINANCE welcomes the draft technical standards on the Market Abuse Regulation. Widespread and large market abuses targeting mostly non-insider investors are indeed one of the main reasons for the lack of trust of individual investors in the EU capital markets. Please read here our position.