Letter to the Council: Reform of the European Supervisory Authorities and financial consumer protection
We are writing to express serious concerns over the Council of the EU proposal for reforming the European Supervisory Authorities (ESAs) and urge you to grant them real power related ...
Read More
Read More
French savers again excluded from the governance of the French financial supervisory authority (AMF)
Paris, 28 January 2019 - The French Government, the National Assembly and the Senate have just appointed the new members of the AMF’s supervisory body. Yet again the public authorities ...
Read More
Read More
European Authorities remain mostly blind when it comes to the Past Performance and Costs of Long-term Savings Products, despite first reports ever released
Long-term retail savings are the only EU consumer products for which consumers and Public Supervisors not only don’t have a clue as to their future performance, but they don’t even ...
Read More
Read More
BETTER FINANCE Assessment of the Reports on Costs and Past Performance of EU Retail Financial Products
A BETTER FINANCE Research analysis of the reports prepared by the European Supervisory Authorities (ESAs) on the costs and past performances of financial investment and savings products distributed to retail ...
Read More
Read More
European Parliament takes Consumer and Investor Protection Seriously in Financial Supervision Reform
BETTER FINANCE welcomes the latest amendments adopted by the ECON Committee to the reform of the European System of Financial Supervision (including the European Banking Authority (EBA), the European Insurance ...
Read More
Read More
ESMA announced the New Members of its Securities and Markets Stakeholder Group (SMSG)- Four of them are from BETTER FINANCE and its Member Organisations
On 6 December the European Securities and Markets Authority (ESMA) announced the new composition of its Securities and Markets Stakeholder Group (SMSG). BETTER FINANCE thanks and congratulates ESMA for improving ...
Read More
Read More
BETTER FINANCE Welcomes the ECON Vote on AMENDING the PRIIPs Regulation
BETTER FINANCE welcomes yesterday’s vote of the European Parliament’s Economic and Monetary Affairs Committee amending the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation. ...
Read More
Read More
BETTER FINANCE response to the European Supervisory Authorities (ESAs) 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 ...
Read More
Read More
BETTER FINANCE response to the EBA request for the Consumer Trends Report 2018/19 – information about the issues most relevant for consumers and EBA’s FinTech work
The EBA seeks to foster consumer protection in all EU Member States, by identifying and addressing consumer detriment in the financial services sector. By assessing the retail conduct of financial ...
Read More
Read More
BETTER FINANCE WELCOMES THE NEW EP ECON STUDY ON MIS-SELLING OF SUBORDINATED DEBT TO RETAIL INVESTORS AND NOTES ITS IMPLICATIONS FOR SLOVENIA
In June 2018 the ECON committee of the European Parliament published a study titled “Subordinated Debt and Self-placement: Mis-selling of Financial Products”. After five years of very diverse interpretations and ...
Read More
Read More
