Categorie: ENGLISH AREA

Implementation of EU Reforms on Retail Investing for Green Transition

AURSF is involved in a new project addresses challenges in Romania, Bulgaria and Estonia arising from the new Markets in Financial Instruments Directive (MiFID II) and Insurance Distribution Directive (IDD) Delegated Act, mandating distributors of fund and insurance products to integrate sustainability preferences into their recommendations. Earlier research highlights a

EU Commission launches media campaign to combat IBAN discrimination

The European Commission launched new media campaign to increase awareness among citizens and in particular to inform groups potentially more vulnerable to IBAN discrimination (e.g. Erasmus students, expats, international researchers) about their rights to use non-domestic EU bank accounts. The campaign also targets businesses and public authorities as key offenders

2022’s Annus Horribilis and 23-Year Performance Crisis Leave EU Citizens Struggling for Retirement Income

Brussels, 30 November 2023 — BETTER FINANCE, the European Federation of Investors and Financial Services Users, has released its Pensions Report 2023, uncovering the dire challenges confronting long-term and pension savers across 17 EU Member States in the aftermath of a tumultuous 2022. In what is termed an „annus horribilis,”

BETTER FINANCE Urges a Genuine Reform of the Dysfunctional European Retail Investment Market in Support of EC’s Strategy

Date: 19th October 2023 Author: Type: Press Releases BETTER FINANCE, the European Federation of Investors and Financial Services Users, has published a position paper on the European Commission’s Retail Investment Strategy (RIS) proposals. The organisation fully supports the EC’s RIS objectives: consistent rules, enhanced retail investor protection, unbiased advice, competitive financial

BETTER FINANCE Praises the Latest Proposal from the European Commission on Withholding Tax in Europe

Date: 20th June 2023 Author: BETTER FINANCE Type: Press Releases BETTER FINANCE supports the recent proposal put forth by the European Commission, aimed at simplifying the reimbursement of cross-border withholding taxes. Guillaume Prache, the Managing Director of BETTER FINANCE, expresses cautious optimism and states, “This proposal, which was swiftly introduced

The Proposed Retail Investment Strategy Shows Potential for Investor Protection Progress, but Fails to Meet Own Key Targets

PRESS RELEASE BETTER FINANCE Brussels, 24 May 2023 BETTER FINANCE, the European Federation of Investors and Financial Services Users, welcomed the European Commission’s launch of a Retail Investor Strategy in September 2020, as a once in a lifetime opportunity to create a capital markets Union that works for people. Nevertheless,

Withholding Tax on Cross-Border Dividends in the EU continues to be a nightmare for investors

PRESS RELEASE BETTER FINANCE Brussels, 15 May 2023 Many investors commonly use the strategy of investing in dividend stocks. Yet, investors holding foreign shares often have to pay additional withholding tax on dividends in the respective country. A recent survey conducted by BETTER FINANCE and DSW among 3,000 investors across

It is time to address the negative impacts of the conflicts of interest generated by sales commissions in the distribution of investment products to European savers

Date: 3rd March 2023 Author: BETTER FINANCE Type: Press Releases On 2 March 2023, BETTER FINANCE was one of the two organisations representing individual investors and financial users invited by the European Commission (together with 5 financial industry representatives) to address representatives of EU Member States at a “Government Expert