As representative of investors and financial services users, BETTER FINANCE has raised concerns regarding the PRIIPs KID legislative framework in terms of investor protection and in particular the fact that standardised, easily comparable and long-term past performance data (of both the product and its chosen benchmark) are eliminated under the PRIIPs delegated regulation. The elimination

BETTER FINANCE welcomes the opportunity to comment on the Commission’s proposal on low carbon benchmarks and positive carbon impact benchmarks released as part of the Sustainable Finance Action Plan of the European Commission. EU citizens as savers and individual investors are the main provider of long term funding to the EU economy and are mostly

Investment firms shall act in accordance with the best interest of their clients. As such, when providing investment advice and portfolio management, they must disclose information on the ESG of each financial product offered to the client before providing investment services. The asset managers must explain to the client how his or her ESG preferences

Investment firms shall act in accordance with the best interest of their clients and as such, when providing investment advice and portfolio management, they must disclose information on the ESG of each financial product offered to the client before providing investment services. The asset managers must explain to the client how his or her ESG

This proposal aims at integrating ESG considerations into the investment and advisory process to ensure that financial market participants (UCITS, AIFMs, IORPs, EuVECA and EuSEF managers and investment firms) that receive a mandate from their clients or beneficiaries to take investment decisions on their behalf would integrate ESG into their internal processes and inform their

EU citizens as savers and individual investors are the main provider of long term funding to the EU economy and are mostly by nature long term oriented, as their needs are often long-term ones: pension, home purchase, children education, etc. Therefore, they are concerned with the impact of the investment of their savings on sustainability.

The EBA seeks to foster consumer protection in all EU Member States, by identifying and addressing consumer detriment in the financial services sector. By assessing the retail conduct of financial firms, the EBA also seeks to contribute to the stability, integrity and effectiveness of the financial system. One of the tasks of the EBA is

BETTER FINANCE commented on the current legislative framework on public reporting of companies. As a representative of individual investors and financial services users in Europe, BETTER FINANCE focused its feedback on the financial reporting framework for listed companies and for banks and insurance companies.

EU public reporting requirements for companies have been beneficial for EU citizens since more standardised and comparable reporting has increased scrutiny. The Accounting directives (financial and non-financial) and the Transparency directive have led to more standardised and comparable corporate reporting. This information allows EU citizens and investors to better understand the companies’ policies notably in

BETTER FINANCE commented on the current legislative framework on public reporting of companies. As a representative of individual investors and financial services users in Europe, BETTER FINANCE focused its feedback on the financial reporting framework for listed companies and for banks and insurance companies.