BETTER FINANCE response to the EFRAG Consultation on Draft European Sustainability Reporting Standards
BETTER FINANCE notes that the gap between users’ information needs and the sustainability information reported by undertakings is growing. Academic research demonstrates however that companies are reporting more often on ...
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BETTER FINANCE answer to consultation on the review of the revised payment services Directive (PSD2) and on open finance
BETTER FINANCE answer to the European Commission's consultation to gather evidence for the PSD2 review and to inform its work on open finance. In the light of this informative consultation ...
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BETTER FINANCE response to the ISSB Consultation on General Requirements for Disclosure and Climate-related Disclosure
Individual, non-professional (“retail”) investors are significantly interested in sustainable investments and by extension rely not only on more data on climate or sustainability-related risks and opportunities, but also on more ...
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BETTER FINANCE answer to European Commission Consultation on resolving consumer disputes out-of-court
EXECUTIVE SUMMARY What is Alternative/Online Dispute Resolution (ADR/ODR)? Non-judicial procedures through which consumers (for our constituency, “retail” financial services users) can solve disputes with professionals and obtain redress for their ...
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BETTER FINANCE response to the EU Commission Consultation on the New EU System for the avoidance of double taxation in the field of withholding taxes
Individual, non-professional (“retail”) investors are significantly demotivated or hampered from investing cross-border within the EU due to:
- The widespread de facto double taxation of investment income within the “Single ...
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BETTER FINANCE’s answer to the European Commission (EC) consultation on environmental, social, and governance (ESG) ratings and sustainability factors
BETTER FINANCE’s answer to the European Commission (EC) consultation on environmental, social, and governance (ESG) ratings and sustainability factors in credit ratings aims to inform on concerns about the functioning ...
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BETTER FINANCE response to the European Commission consultation call for Evidence for an Evaluation and Impact Assessment Run in Parallel
BETTER FINANCE welcomes the European Commission’s call for evidence on retail investor protection but questions the efficiency of the exercise as it seems to duplicate efforts and it is not ...
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BETTER FINANCE response to the Consultation Paper Guidelines on certain aspects of the MiFID II suitability requirements
ESMA Consultation Paper Guidelines on certain aspects of the MiFID II suitability requirements.
- BETTER FINANCE highlights that the new concepts introduced by the recent regulatory amendments may be difficult ...
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BETTER FINANCE response to the European Commission Consultation on the review of suitability and appropriateness assessments
The European Commission proposes to replace the current suitability-appropriateness duality in the MiFID II and insurance distribution Directives, with a new, unique, and standardised suitability regime for all categories of ...
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BETTER FINANCE answer to EIOPA Consultation Paper regarding draft Advice on certain aspects relating to retail investor
INTRODUCTORY EXPLANATIONS (for non-professional readers) European Union (EU) authorities aim to improve the conditions of saving and investing in capital markets for EU households through several regulatory and supervisory actions ...
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