Categorie: ENGLISH AREA

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

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

Date: 8th November 2017 European and national competent authorities are moving towards adopting more stringent rules on transparency for IORPs, UCITs and life-insurance products, and conducting closer supervision of the activities of private financial institutions. A first move by the European Commission came in the shape of the Insurance Distribution

Date: 8th November 2017 In line with the Commission’s proposal to introduce a Pan-European Pensions Product to supplement the low pension replacement rate for European citizens (see the BETTER FINANCE Pensions Report 2017), the European Insurance and Occupational Pensions Authority (EIOPA) proposed a single framework allowing for regular reporting requests