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 ...
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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 ...
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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 ...
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Alliance Letter to the EP, EC & EU-Council on the Reform of the European Supervisory Authorities and financial consumer protection – factual mistake in the revision of the EIOPA Regulation to the detriment of financial consumers
Back in November 2017, we formed an Alliance to voice our disappointment with the European Commission's proposal for the review of the European Supervisory Authorities (ESAs), and to make proposals ...
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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 ...
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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 ...
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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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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 ...
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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 ...
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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, ...
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