BETTER FINANCE thanks the ECB for this initiative to reach out to EU citizens as users of financial services and to the “civil society” at large. We acknowledge the major role of the ECB in addressing many short-term issues arising from the 2008 financial crisis and today from the COVID one: Financial repression at unprecedented

BETTER FINANCE warmly welcomes the European Commission initiative to improve the EU regulatory framework on company law and corporate governance. We consider that it has become imperative to reinforce the link between long-term value creation and sustainability. Notably, sustainable investments that contributes to environmental, social and governance (ESG) objectives require long-term orientation. Nonetheless, sustainability is

BETTER FINANCE welcomes the ECON’s legislative own-initiative report on Digital Finance assessing the regulatory and supervisory challenges on the digital financial market in order to guarantee a resilient digital financial system. BETTER FINANCE believes that the EC should attempt to better coordinate the parallel consultations (Mifid II, Digital Finance Strategy, Sustainable finance Strategy) – as

The Commission is currently developing the EU Ecolabel for Retail Financial Products within the framework of the Sustainable Finance Action Plan. The Joint Research Center (JRC) has presented a proposal discussed at the stakeholder meeting on 25 and 26 March to which we provide comments in this paper. The current climate and environmental crises plead

The EU Commission intends to update the current Consumer Agenda (2012), which expires in 2020, to address the role of consumers in the post-crisis economic recovery, as expressed in the EU’s recovery plan adopted on 27 May 2020. BETTER FINANCE welcomes the roadmap on the New Consumer Agenda, which identifies a number of challenges and issues

BETTER FINANCE – one of the only two individual user side members of the European Commission’s “High Level Forum on the CMU” – firmly advocates for a Capital Markets Union (CMU) that “Works for people” and focuses on EU citizens as – by far – the largest source of long-term, sustainable funding for the real

BETTER FINANCE welcomes the ECON’s legislative own-initiative report on Digital Finance to assess the regulatory and supervisory challenges on the digital financial market in order to guarantee a resilient digital financial system. BETTER FINANCE believes that the EC should attempt to better coordinate the parallel consultations (Mifid II, Digital Finance Strategy, Sustainable finance Strategy) –

BETTER FINANCE published its Position Paper on the implementing measures (level 2) for the Pan-European Personal Pension (PEPP) product. These measures will be based on the Regulatory Technical Standards (RTS) submitted by the European Insurance and Occupational Pensions Authority (EIOPA) to the European Commission following a period of public consultations. EXECUTIVE SUMMARY PEPP Key Information

The Banking Union initiative has reduced the number and magnitude of bank failures and the recourse to taxpayers’ money. However, up to now, it has been focused on prudential objectives, not on citizens as banking users’ protection. This has too often generated significant detriment to consumers of banking services.

BETTER FINANCE has long advocated for an EU-wide collective redress mechanism for all financial services users, including small and individual shareholders or employee shareholders, and provided support to consumer organisations in collective redress schemes in the field of financial services (such as Fortis, Volkswagen AG). BETTER FINANCE welcomes the European Commission’s (EC) proposal for a