BETTER FINANCE generally strongly supports the Commission’s proposals for amendments to the Shareholders Rights Directive regarding long-term Shareholder engagement. Read here the concrete BETTER FINANCE requests to further improve the European Commission’s proposals.
Read here BETTER FINANCE press release following the ECON Committee of the European Parliament approval of the Regulation on key information that small investors should be given before putting money in a retail investment product.
Protest movements to promote a radical reform of EU financial legislation in favour of Europe’s small citizen savers have taken off in Europe with a gathering in the European Parliament, at the BETTER FINANCE Conference, where high-level members of the financial circles argued that it is high time to bring in appropriate reforms.
In order to shore up the real economy, protect savers and investors, concentrate on long term investment for job creation and better protect European citizens, BETTER FINANCE wrote the BETTER FINANCE Manifesto, outlining necessary changes to benefit the real economy. It was presented at the BETTER FINANCE Conference at the European Parliament.
BETTER FINANCE co-organized a conference at the European Parliament with its Spanish member organisation ADICAE to discuss the impact of the latest regulatory updates on non-cash payments in the EU on consumers. Rapporteur for the MIFs Regulation and ECON Vice-President Pablo Zalba will be opening the breakfast meeting. Read here the follow-up press release.
Legislative steps aimed to protect millions of retail investors face danger of failing during forthcoming negotiations in Brussels, according to an EU consumer interest group. Despite strong support from all European consumer interest groups, the matter remains in the balance within the EU legislative powers.
EuroFinUse has responded to the European Commission Consultation on Crowdfunding. EuroFinUse expects the European Commission to seek the right balance between financial services users protection and the promotion of a sustainable European Crowdfunding business.
EuroFinUse’s German member organisation DSW sent out a letter to several MEPs to voice their concern related to the current status of the “trialogue” negotiations on the MiFID II Directive on markets in financial instruments. EuroFinUse fully endorses DSW’s requests that are completely in line with its own public position on MiFID II, proposing new