EU Council set to backtrack on retail investor protection and CMU, contrary to SEC’s US capital markets reforms
On Wednesday 14 December, the United Securities and Exchange Commission (SEC) proposed Regulation Best Execution, seeking to establish a best execution regulatory framework mandating that securities brokers and dealers execute ...
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Shifting the Trillions | Why will private investors play a key role?
Research presentation by 2° Investing Initiative (2DII
- Shifting the Trillions: the transition needs to be massive and transformative
- Still, the funding gaps can be put in perspective with household savings ...
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BETTER FINANCE Concerned About the European Commission Abandoning the Necessary and Urgent Audit Reform Announced in November 2021
In June 2020, the Wirecard scandal unraveled, generating unprecedented retail investor detriment worth about €20 billion. BETTER FINANCE reacted, labelling it an “outrageous case of corporate governance, external auditing and ...
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BETTER FINANCE joint position paper on sustainability requirements in Solvency II
"BETTER FINANCE together with ShareAction, the German Association of the Insured BdV, Urgewald and WWF European Policy Office react to the Solvency II review on related sustainability requirements. Solvency II, ...
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BETTER FINANCE response to ESMA Call for Evidence on implementation of the Shareholder Rights Directive (SRD II)
BETTER FINANCE answer ESMA Call for Evidence with regards information from market participants and map the state of play with regards to the implementation of the SRD2/SRD II provisions on ...
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Joint Letter: Upcoming Retail Investment Strategy: debunking the “advice gap”
On 28 November 2022, BETTER FINANCE together with BEUC and Finance Watch, published a public letter addressed to Vice-President Dombrovskis, and Commissioners McGuinness and Reynders, to encourage them to continue ...
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Council of the EU is the Last Hurdle to Tackling Conflicts of Interests in Retail Investment Services
17 November 2022 – The struggle against conflicts of interests and to deliver an adequate, high level of “retail” investor protection now hinges on the positions of representatives of the ...
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BETTER FINANCE Position Paper on the EU Retail Investment Strategy (executive summary)
The European Federation of investors and Financial Services Users fully supports the clear stated objectives of the European Union’s very welcome “Retail Investor Strategy”. ENSURE A LEVEL PLAYING FIELD IN ...
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BETTER FINANCE Applauds and Supports Proposed Ban on Sales Commissions Paid to Retail Distributors of Investment Products
BETTER FINANCE considers the recent proposal to ban “inducements” (commissions) in “retail” investment services to be a very significant milestone in investor protection and firmly urges EU Member States to ...
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