BETTER FINANCE’s response to the Joint Consultation Paper concerning amendments to the PRIIPs KID
BETTER FINANCE welcomes and appreciates the effort of the European Commission and of the European Supervisory Authorities to put forward proposals for targeted amendments of the Delegated Regulation (DR) concerning ...
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BETTER FINANCE statement on a proposed amendment to the PRIIPs Regulation – EP & Council Meeting
On 21 November 2018, Guillaume Prache, Managing Director of BETTER FINANCE was asked by the ECON Committee of the European Parliament to make a statement on a proposed amendment to ...
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BETTER FINANCE feedback to the FCA’s call for input: PRIIPs Regulation- initial experiences with the new requirements
As representative of investors and financial services users, BETTER FINANCE has raised concerns regarding the PRIIPs KID legislative framework in terms of investor protection and in particular the fact that ...
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THE KEY INFORMATION DOCUMENT WILL PROVIDE INVESTORS WITH MISLEADING AND NON-COMPARABLE FUTURE PROJECTIONS
On Thursday 28 June, the European fund and asset management industry body issued a press release stressing the worrying shortcomings of the rules governing the Key Information Documents (KID) for ...
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BETTER FINANCE’s answer to the Call for Evidence on Potential product intervention measures on contracts for differences and binary options to retail clients
BETTTER FINANCE wishes to congratulate ESMA for quickly making use of its brand new (03/01/2018) product intervention powers granted by MiFID II to ban or restrict the distribution of toxic ...
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ESAs finally asked to report on the cost and past performance of long-term savings products
20 October 2017 – For years now, different research studies and reports by BETTER FINANCE have far too often come to the same conclusion: EU citizens as savers and investors ...
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ESAs advise on PRIIPS with environmental or social objectives
On 28 July 2017, the European financial regulators (ESAs) released their technical advice on the contents of the Key Information Document (KID) for packaged retail and insurance-based investment products (PRIIPs) ...
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Joint EFAMA – BETTER FINANCE letter on the implementing rules for the PRIIPs KID
BETTER FINANCE and EFAMA have always been strong supporters of the “PRIIPs” Key Information Document (“KID”), seeing it as a powerful instrument for retail investors to enable sound investment choices ...
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EU SAVERS BACK THE REJECTION OF THE DRAFT IMPLEMENTATION RULES FOR THE KEY INFORMATION DOCUMENT (KID) FOR INVESTMENT PRODUCTS, BUT FOR DIFFERENT REASONS
BETTER FINANCE, supports the proposed resolution by the European Parliament to reject the misleading and overly complex draft implementation rules ("Regulatory Technical Standards" or RTS) of the "PRIIPs". BETTER FINANCE ...
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The EU Authorities’ draft implementation rules on Key Information for retail investment products must be thoroughly improved in order not to hurt savers’ and investors’ protection
The Joint Committee of the European Supervisory Authorities recently issued its proposal for regulatory technical standards (RTS) on Key Information Documents (KIDs) for Packaged Retail and Insurance-based Investment Products (PRIIPs) ...
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