Categorie: ENGLISH AREA

Date: 16th May 2019 Author: BETTER FINANCE The Icelandic Savers Organization (ISA), the founding member of BETTER FINANCE, organised a series of lectures during 2018-2019 to commemorate the ten-year anniversary of the crisis of 2008. All the lectures had the common headline “Never Again” and looked into the reasons and

Date: 13th May 2019 Author: BETTER FINANCE Following the biggest class action lawsuit ever filed in Norway, around 180,000 DNB consumers have won their claim that the fees charged by the biggest bank in the country were far too high. DNB had already been sued by the state consumer council

Date: 12th April 2019 Author: BETTER FINANCE The Financial Conduct Authority (FCA) received 1,335 notifications of inaccurate reporting on the transaction under the Markets in Financial Instruments Directive (Mifid II) in 2018. The figures have been published by regulatory consultancy Bovill, and only covered those companies that were aware that

BETTER FINANCE is pleased to announce that two of its members have been selected for the renewal of the Investment Management Standing Committee Consultative Working Group (CWG). Jean Medernach – President of Investas in Luxemburg and Jean Berthon (President of GAIPARE and Vice-President of BETTER FINANCE) have been selected for

Yesterday Oxera released a report entitled “The design of equity trading markets in Europe – An economic analysis of price formation and market data services” commissioned by the Federation of European Securities Exchanges (FESE). Through this research, FESE is seeking to inform the debate on the design of equity trading

The Financial Reporting Council (FRC), the UK’s accounting watchdog, is to be scrapped in favour of a stronger regulator with more power on investigating company directors (currently the FCR can only investigate them if they are also registered with an accounting body) and ability to issue harsher penalties including higher

Yesterday, the European Banking Authority (EBA) has published its report on high earners for 2017, available for the first time in a user-friendly format on the remuneration of “staff whose professional activities have a material impact on” the risk profile of the financial institution. The Capital Requirements Directive (CRD IV)

Yesterday EU ambassadors endorsed the Council’s position on a proposal to grant easier access to SMEs trying to list and issue securities on financial markets while safeguarding investor protection and market integrity. According to the Council’s Press Release, the proposed rules aim to reduce the administrative burden and provide SMEs