EUROPEAN COMMISSION PROVIDES GUIDANCE ON THE PROTECTION OF CROSS-BORDER EU INVESTMENTS IN LIGHT OF THE CONTINUED DEVELOPMENT OF THE CAPITAL MARKETS UNION

Postat in

Date: 1st August 2018 Author: BETTER FINANCE With its Communication of July 19, the European Commission reaffirmed the illegality of intra-EU bilateral investment treaties(intra-EU BITs) and stated that ”EU investors cannot invoke intra-EU BITs, which are incompatible with Union law and no longer necessary in the single market’’. Intra-EU BITs treaties are international agreements that focus on investor protection and

Citeste mai mult

ESMA SCOLDS NATIONAL AUTHORITIES FOR SHORTCOMINGS IN THE SUPERVISION OF EFFICIENT PORTFOLIO MANAGEMENT OF UCITS

Postat in

Date: 1st August 2018 Author: BETTER FINANCE The European Securities and Markets Authority (ESMA) initiated a peer review and published a report that found that six national competent authorities (NCAs) need to enhance their supervision of Undertakings for Collective Investments in Transferable Securities (UCITS) operating with Efficient Portfolio Management Techniques (EPM). BETTER FINANCE thanks ESMA and welcomes the action taken

Citeste mai mult