Reform of the European Supervisory Authorities and financial consumer protection – Adequate compensation for representatives of non-profit organisations appointed by ESAs as members of Stakeholder Groups

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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/ Public Letters

Open Letter to Commissioner for Justice Didier Reynders – Announcement on corporate governance legislative initiatives in 2021

We, the undersigned organisations, would like to congratulate you for the very important announcement made during several recent online events, that the Commission will propose legislation in 2021 on both ...
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Joint BETTER FINANCE – BEUC letter on Collective Redress – HLF CMU: Representative actions for the protection of the collective interests of financial consumers as individual investors

BETTER FINANCE and BEUC published a Joint Public Letter concerning the collective redress file in light of the recently published Final Report of the High-Level Forum on the Future of ...
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European Commission Reply to Joint Open Letter “EU Investors against any postponement of the implementation of the Shareholder Rights Directive II”

Below please find the European Commission Reply to the Open Letter by BETTER FINANCE and its members against any postponement of the implementation of the Shareholder Rights Directive II ...
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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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/ 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 ...
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/ Public Letters, Supervision & Redress