Stop the Wipe-Out of Slovenian Bank Bonds, Mis-sold to Investors

In December 2013 the subordinated bondholders in five Slovenian banks (NLB, NKBM, Abanka, Probanka and Factor Banka) were bailed-in to refinance these struggling institutions. Subordinated bonds in a sixth bank ...
Read More

Letter to the EC and Government of Slovenia regarding the bail-in of subordinated bondholders

In December 2013 the subordinated bondholders in five Slovenian banks (NLB, NKBM, Abanka, Probanka and Factor Banka) were bailed-in to refinance these struggling institutions. Subordinated bonds in a sixth bank ...
Read More

Letter to DG FISMA regarding closet indexing disclosure

In 2014, the Danish financial supervisor revealed it had found that almost a third of Danish equity funds were in effect expensive clones of the indices, or « closet indexers ...
Read More

FSUG Letter to the EC on the elimination of past performance in the contents of the Key Information Document

The FSUG is of the view that eliminating standardised, easily comparable data on past performance will be a regressive step for investors and will reverse some of the partial progress ...
Read More

EU Regulators must disclose the falsely active funds (“closet indexers”) they identified to misled investors

On February 2nd ESMA released some long awaited results of its investigation on falsely active equity UCITS funds (also called “closet indexers”). Those are funds that claim to be “actively” ...
Read More

BETTER FINANCE Response to the ESMA Consultation on PRIIPS

BETTER FINANCE welcomes this Consultation following the previous inquiries of stakeholders by the ESAs which enabled us to previously express our views on the KIDs from the retail investor point ...
Read More

Where is the Single EU Market for Financial Services?

BETTER FINANCE publishes its press release following the launch of the "Green Paper on retail Financial Services” and its consultation issued today by the European Commission ...
Read More

CMU Action Plan: positive but more could still be done to really tackle the loss of confidence of EU citizens as individual investors

BETTER FINANCE's press release on the CMU Action Plan communicated today by the European Commission is available here ...
Read More

BETTER FINANCE Response to the ESAs Joint Consultation on PRIIPs

BETTER FINANCE published its response to the ESAs Joint Consultation on in Key Information Documents for Packaged Retail and Insurance-based Investment Products (PRIIPs) ...
Read More