Autor: Dan Cristian

Date: 7th February 2018 As discussed in January, the new legislative package tackling Markets in Financial Instruments (MiFID II/ MiFIR and the delegated acts) changed the landscape with view on the Capital Markets Union. While few CMU participants are fully in line with the new regulatory prerequisites, others struggle to

Date: 6th February 2018 Six weeks into 2018 the principal indexes around the globe went into freefall, following a global sell-off in stock markets. The table below shows the changes (?%) between the closing prices of the indexes over the course of one day. Some look at the US markets

Date: 5th February 2018 The negotiations on the future treaty between the EU and UK met with a proposal from the City of London, Europe’s financial sector capital, to ‘allow cross-border trade in financial services’. The negotiation team lead by Michel Barnier on the EU-side refused this proposal, which adds

Date: 30th January 2018 In 2016 the Investment Association (IA), a UK-based organisation representing investment managers, published a report that dismisses claims that there are or were hidden fees charged to investors in financial products, in particular related to mutual funds. Renamed ‘The Loch Ness monster of investments’, the study

Date: 23rd January 2018 To achieve a fully-fledged Economic and Monetary Union (EMU), the E.U. must complete the Banking Union (BU) based on a harmonised, risk-sharing banking services sector. The last step remaining is the establishment of a European Deposit Insurance Scheme (EDIS, see here). A complete overhaul of the

Date: 23rd January 2018 Author: BETTER FINANCE 2018 has gotten off to a shaky start… With the start of the New Year, the updated Markets in Financial Instruments Directive (MiFID II) rules came into force, requiring investment managers to reveal transaction costs that were previously not included in the ongoing

Date: 19th January 2018 Earlier this week, the the European Capital Markets Institute released two valuable research reports on aggregate indicators of the Capital Markets Union, both domestic and in comparison to three other mega-economies of the world. The reports focus on five key sectors in the EU-28 capital markets:

Date: 16th January 2018 One of the big questions asked in the finance industry is what will happen with investment research once MiFID II becomes applicable. This is because the revised Directive on capital markets and financial services imposes stringent conduct of business rules and obligations. Inter alia, the new