Open Letter to the European Commission – EU Investors against any postponement of the implementation of the Shareholder Rights

The heads of European and Member State organisations representing individual shareholders across Europe sent an Open Letter to the European Commission opposing lobbying attempts by powerful financial intermediaries to postpone the ...
Read More

Open Letter ECON Committee: ESMA’s and EIOPA’s draft level 2 rules for the Key Information Document (“KID”) of “retail” investment products (“PRIIPs”)

Dear Ms Tingali, Dear Members of the ECON Committee, “The only function of economic forecasting is to make astrology look respectable”. (Ezra Solomon, Stanford Professor of Finance) We are writing ...
Read More

Open Letter: Need for Joint Statement on Keeping European Markets Open

[...] The undersigned associations are writing to emphasise the importance of keeping the European financial markets open during this extraordinary time of the COVID-19 health crisis. Financial markets are critical ...
Read More

Open Letter to DG FISMA: Deficiencies of the Slovenian Market in Financial Instruments Act

At BETTER FINANCE, we closely monitor various Member States’ legal frameworks regarding the rights of individual investors and minority shareholders. We firmly believe that among the most important rights of ...
Read More
/ Public letters

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
/ Public letters, Supervision & Redress

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 ...
Read More

Reservations regarding the proposed Market in Financial Instruments Act (ZTFI-1)

We are alarmed that for the second time in less than two years the Republic of Slovenia moves to curtail the options available to minority shareholders to mitigate the burden ...
Read More

Joint Statement: ECON’s draft report on the review of the European Financial Supervisors: disappointing for European NGOs and financial services user

On Tuesday 10th of July, the European Parliament co-rapporteurs published a disappointing draft report on the review of the European System of Financial Supervision: not only lacking any ambitious changes ...
Read More

Proposal for the EU financial supervisory reform

Last September the European Commission published its proposal for the review of the European Supervisory Authorities (EBA, ESMA and EIOPA – ESAs). The aim is to reform the ESAs’ mandate, ...
Read More

Open Letter: “MiFID II rules for ‘Systematic Internalisers’ will hurt European investors”

In principle, European individual Investors welcome the introduction of the new Markets in Financial Instruments Directive (MiFID II). However, given BETTER FINANCE’s priority to ensure the protection of individual European ...
Read More
Loading...