BETTER FINANCE Response to the European Supervisory Authorities’ Survey on templates for Environmental and/or Social financial products under SFDR

BETTER FINANCE welcomes the the use of specific templates to standardise the disclosures of ESG information. We consider that to be comparable, the information disclosed  must reach the highest degree ...
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BETTER FINANCE Position on the Impact of Monetary Policy on Global Challenges and the European Central Bank

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 ...
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Wirecard abuse review by ESMA reveals significant failures and conflicts of interests in national financial supervision and the need for effective collective redress for abused investors

BETTER FINANCE thanks the European Securities and Markets Authority (ESMA) for its “peer review” report on the Wirecard scandal. It is quite revealing of the many failures and conflicts of ...
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BETTER FINANCE Response to the EU Investor Survey 2020

To collect input for the European Commission's work on a legislative initiative that aims to strengthen the investment protection and facilitation framework in the EU as part of the capital ...
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BETTER FINANCE Response to the Joint ESAs Consultation Paper on ESG disclosures

This document contains the response of BETTER FINANCE to the European Commission’s online survey (public consultation) concerning the consultation on the renewed sustainable finance strategy. BETTER FINANCE considers that the ...
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Joint NGOs Position on the EU Ecolabel for Retail Financial Products and comments on the Technical Report 2.0

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 ...
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Q&A Catalogue for Wirecard Investors

BETTER FINANCE's German member organisation, Deutsche Schutzverein für Wertpapiersitz (DSW), published a series of Q&As for duped individual investors and pension savers in light of the outrageous Wirecard AG scandal ...
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The EU Capital Markets Recovery Package should take Individual Investors and the Wirecard case into account

Brussels, 31 July 2020 – On 24 July 2020, the European Commission (EC) announced the “Capital Markets Recovery Package”, as part of the its overall coronavirus recovery strategy, aimed at ...
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DSW: Compensation for Wirecard investors only via legal action

Düsseldorf, 01 July 2020 – DSW, the leading shareholder association in Germany, repeatedly criticised Wirecard in the last years for its lack of transparency and weak Corporate Goverance structures. „The ...
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Wirecard AG: an outrageous case of corporate governance, external auditing and supervisory failures, once again at the expense of investors and pension savers

It is with surprise that BETTER FINANCE and its member organisations representing financial services users read the headline on 18 June 2020 that Wirecard AG (“WD”), one of Europe’s FinTech ...
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