BETTER FINANCE feedback on the Open Finance Framework

BETTER FINANCE provided an initial feedback to the EC’s plans to create a system for accessing financial data (FIDA) to boost digital financial services by promoting competition. We suggest carefully ...
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Digital euro: EU Commission’s proposal a first step in the right direction, but more is needed for a safer alternative to bank deposits

The European Commission today published its long-awaited proposal on the digital euro, marking a significant milestone in the digitalisation of public money. The document sets the stage for a democratic ...
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/ Press Releases, Banking, FinTech

Evidence Paper on Banning Inducements

BETTER FINANCE presents its Evidence Paper on Banning Inducements in retail investment services. BETTER FINANCE screened available evidence (literature, surveys, experiments, and data) on the effects of allowing vs banning ...
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BETTER FINANCE response to the European Commission Consultation on Distance Marketing of Consumer Financial Services

In the 2017 EC Consumer Finance Action Plan, the Commission undertook to monitor the distance selling market of retail financial services in order to identify the potential consumer risks and ...
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BETTER FINANCE Response to the European Commission consultation on the review of the crisis management and deposit insurance framework

In response to the global financial crisis, the EU started working towards a safer financial sector for the EU single market, triggering changes to European financial legislation and to the ...
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Commissioner McGuinness: “Putting people at the heart of the financial system is part of my vision”

On 22 April at the BETTER FINANCE’s international conference, high-level speakers and over 350 registered participants debated “How to make the EU Capital Markets Union (‘CMU’) work for people?”. For ...
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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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Best Practices in Relation to Relief Measures Offered to Consumers and Businesses in the Context of the Covid-19 Crisis

European Commission Press Release - This document reflects the outcome of the high level dialogue between all participants of two round-tables on best practices organised in May and June 2020 ...
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Initiatives taken to try and help EU Savers and Investors navigate the Economic Fallout from the Coronavirus epidemic

Brussels, 7 April 2020 - The continued spread of the COVID-19 virus around the world and the emergency confinement measures have severely disrupted capital markets. EU Citizens in their capacity ...
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BETTER FINANCE POSITION PAPER ON BANKING UNION

The Banking Union initiative has reduced the number and magnitude of bank failures and the recourse to taxpayers’ money. However, up to now, it has been focused on prudential objectives, ...
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/ Position Papers, Banking
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