Stop practicilor comerciale incorecte!
Date: 27th November 2017 On 22 November 2017, EIOPA hosted its 7th Annual Conference in Frankfurt. The opening address by EIOPA’s Chair, Gabriel Bernadino, focused on the current challenges the insurance and occupational pensions industry faces. It stressed the four main strategic priorities of EIOPA, addressing technical and regulatory gaps
Date: 17th November 2017 In the Single Market, retail investments are lagging behind as EU savers lack understanding of financial products and confidence in investment intermediaries as well as being put off by an overall lack of attractive results from the industry. With this in mind, the European Parliament (EP)
Date: 14th November 2017 On November 14th, Advocate General Bobek responded negatively (in the case of Schrems v. Facebook[1]) to the referring court’s question on whether Article 16 of Regulation (EU) 44/2001 should be interpreted as allowing a consumer to also introduce the claims of other consumers (collective redress). The
Date: 13th November 2017 n November 2015, the European Anti-Fraud Office (OLAF) started an investigation into the European Investment Bank’s (EIB) loan of €400mln to Volkswagen in the context of the Dieselgate scandal. While the company is still calling back vehicles (at a slower rate now – see article here)
Date: 13th November 2017 There is nothing like the aftermath of a double financial crisis to motivate stakeholders to rethink models, concepts and strategies in investments, especially when there are signs that the next crisis could very well be triggered by the finance industry itself. Dark clouds are building up
Date: 13th November 2017 The amount of funds raised through cryptocurrencies is 30 times higher in 2017 than in 2016. This evolution did not escape ESMA’s attention, which is now warning investors of the risk of losing ‘all of their invested capital’ when investing in Initial Coin Offerings (ICOs). ESMA
Bucuresti, 10.11.2017 COMUNICAT DE PRESA Consiliul Director al AURSF dezaproba modul in care Guvernul a modificat procentul de contributie pentru Pilonul II al sistemului de pensii, scaderea de la 5,1% la 3,75% urmand sa reduca in viitor pensiile administrate privat ale unui numar extrem de mare de participanti. Constatam cu
Date: 10th November 2017 Applied since 2007, the Markets in Financial Instruments Directive (MiFID) constituted the EU regulatory basis for practicing investment services and trading financial instruments within the Common market. This legislative instrument has regulated the markets based on the four principles of integration, transparency, efficiency and fairness. In