BETTER FINANCE Response to the EC Consultation on the new Consumer Agenda

Corporate social responsibility and pro-environmentalism has gained importance among consumers too often providing incentives for producers to brand unsustainable products as green or environmentally friendly. Research on product labelling suggests ...
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BETTER FINANCE Position Paper on Digital Finance Strategy

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 ...
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Stakeholders and authorities show faith in European Personal Pension (PEPP)

PEPP only called into question by finance industry due to high costs for intermediaries 22 September 2020 - The latest draft of the Pan-European Personal Pension (PEPP) delegated (level 2) ...
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European Regulator is flexing its muscles to tackle “Closet Indexing”

Brussels, 11 September 2020 - On 10 October 2014, BETTER FINANCE wrote to ESMA[1] to ask for an investigation into the issue of falsely “active” funds, a practice also known ...
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BETTER FINANCE Response to the EIOPA Consultation on (re)insurance value chain and new business models arising from digitalisation

The InsurTech wave of innovation introduces and transforms existing business models. The extensive use of third-party providers and outsourcing may lead to both as well as a possible fragmentation of ...
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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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National Supervisory Authorities Reject Rules for Key Information Documents for Retail Investment Products: it is high time to implement the European Commission’s High-Level Forum’s recommendations

In a letter to the European Commission’s Directorate General in charge of Financial Stability, Services and Capital Markets Union (DG FISMA) dated 20 June 2020, the European Supervisory Authorities (ESAs) ...
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