BETTER FINANCE welcomes the setting of mandatory criteria for the Ecolabel. The issue with any point system is that it may reveal gaps in correctly weighting the criteria for awarding points depending on certain circumstances. Therefore, we support the creation of an ecolabel with mandatory requirements. The mandatory (pass/ fail system) provides a stronger market

BETTER FINANCE welcomes the European Commission’s report on standardised presentation of the remuneration and stresses the importance of these guidelines to provide a clear and understandable remuneration. We believe that despite the increasingly complex nature of compensation systems across Europe, they can still be explained in a very readable way, and we, therefore, provide our

A strong European CMU requires the trust of citizens as individual investors, policy holders, pension savers and other savers. And defusing the pensions time bomb requires positive and decent real long term returns to pension savers. Those can only be reached by increasing the attractiveness of the EU capital markets to the benefit of all

BETTER FINANCE welcomes the update of the non-binding guidelines on non-financial reporting as a crucial step toward achieving the Paris agreement and the Sustainable Development goals by reorienting capital flows to support a long-term sustainable and just economy. However, it also expresses some doubts about the effectiveness of these requirements due to their not binding nature

BETTER FINANCE provided feedback to the European Commission’s ongoing work to develop the taxonomy as part of the action plan on financing sustainable growth.

BETTER FINANCE provided feedback to the European Commission’s ongoing work to develop the taxonomy as part of the action plan on financing sustainable growth.

As part of the measures on sustainable finance, the EC requested EIOPA and ESMA to develop technical advice for integrating sustainability factors into the general provisions laying down organisational requirements and product governance rules for investment and insurance firms in MiFID II and IDD Level 2 legislation, as well as for the suitability assessment. This

The European Commission (EC) engaged in a project of overhauling the EU financial framework in line with the actions identified in the “Action Plan: Financing a Sustainable Growth”. The project consists of a package of measures (amendments to existing legislative and non-legislative acts; adoption of delegated acts) in order to increase transparency and disclosure of

BETTER FINANCE welcomes the report from ESMA on the cost and performance of retail financial investment products in the EU that provides an initial mapping of the current state of the market concerning UCITS, AIFs and structured retail products (SRPs). This annual statistical report complements the other valuable research releases by ESMA – i.e. the

BETTER FINANCE’s response to the questionnaire on the development of EU Ecolabel criteria for financial products.