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.

BETTER FINANCE has been stressing for several years the crucial need for insurers to invest much more of their own risk assets into equities. The own risk equity assets of Western European insurers had already gone down from 22% in 2001 to 8% in 2010. In 2016, the own risk equity assets of EU insurers

BETTER FINANCE welcomes and appreciates the effort of the European Commission and of the European Supervisory Authorities to put forward proposals for targeted amendments of the Delegated Regulation (DR) concerning the presentation and content of the key information document (KID) for Packaged Retail and Insurance-Based Investment Products (PRIIPs).

BETTER FINANCE welcomes and appreciates the effort of the European Commission and of the European Supervisory Authorities to put forward proposals for targeted amendments of the Delegated Regulation (DR) concerning the presentation and content of the key information document (KID) for Packaged Retail and Insurance-Based Investment Products (PRIIPs). First, BETTER FINANCE finds that the very