CESR’s level 3 guidelines on the selection and presentation of performance scenarios in the Key Investor Information document (KII) for structured UCITS

EuroFinuse fears that the proposed guidelines for the choice and presentation of performance scenarios will mislead information for retail investors. These performance scenarios should reflect probable or highly probable returns ...
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/ Consultations

The Key Investor Information Template

We find the Key Investor Information (KII) Template proposed by CESR for investment funds useful, but not clear enough on the “past performance” and “charges” sections. In particular, showing the ...
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/ Consultations

Reply to EC Consultation on corporate governance of financial institutions and remuneration policies

We agree with the European Commission that the weaknesses of corporate governance in financial institutions did contribute to the financial and economic crisis, and welcome the initiative to improve it ...
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/ Consultations

CESR Technical Advice to the European Commission in the Context of the MiFID Review: Non-equity markets transparency

EuroFinuse advocates for the urgent and crucial need to increase pre- and post trade transparency of fixed income products sold extensively to retail investors. In addition, there is a need ...
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CESR Technical Advice in the Context of the MiFID Review – Equity Markets445670

Small and medium size end investors ask for: - A fact-finding study on the impact of MiFID induced changes on small and individual investors, and the consequences on the economic ...
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CESR Technical Advice in the Context of the MiFID Review – Investor Protection and Intermediaries

Investor protection is one of the key objectives of the MiFID Directive. EuroFinuse is pleased that CESR has launched a consultation on this critical issue, especially after more than two ...
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/ Consultations

Changes to the Capital Requirement Directive

We do not believe a regulatory initiative such as the changes to the Capital Requirements Directive really addresses the major issue revealed by the financial crisis. The roots of the ...
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/ Consultations

“Packaged” Retail Investment Products (PRIPs)

We strongly support the new “horizontal” approach of the EC, which is the right way to look at the distribution of retail investment products, as most of them are “substitute” ...
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La premiere alliance europeenne de tous les epargnants

Pour la première fois, toutes les catégories d’épargnants (actionnaires individuels, souscripteurs de fonds de placement (OPCVM), assurés vie, épargnants bancaires, participants des fonds de pension et autres utilisateurs de services ...
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CESR’s technical advice at level 2 on the format and content of Key Information Document disclosures for UCITS

We have worked extensively on the KID project over the last two years, and feel that CESR is now getting close to fulfilling the mandate given by the European Commission ...
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