Categorie: ENGLISH AREA

The Council of the EU and the European Parliament reach an agreement on a regulation to guarantee greater financial stability for Finance Watch and BETTER FINANCE.

Date: 15th February 2017 On the 14th of February representatives of the Council of the European Union and the European Parliament reached an agreement on a program to promote the involvement of consumers in policymaking in financial services. As a reminder, on the 25th of January 2017, the European Parliament’s

“EIOPA’s fifth Consumer Trends Report, published in December 2016, alludes to various examples of mis-selling practices in EU member states” BETTER FINANCE Member Bund der Versicherten (BdV, Germany) reports

Date: 7th February 2017 The report should be of particular interest to anyone who wishes to look beyond national borders to how policymakers in other EU countries are dealing with similar issues in the areas of life insurance, non-life products (property, accident and health insurance) and old-age provision. The reports

Passive asset management houses defend themselves against accusations of corporate governance leniency

Date: 6th February 2017 Passive asset management houses have enjoyed rapid growth over the past years. As a reminder, passive management describes the management of assets with the aim of tracking an index and achieving returns that reflect the return on the benchmark index. Over the last years, investors have

The Slovenian government approves the request from the Pan-Slovenian Shareholders’ Association (VZMD) and BETTER FINANCE and backtracks on the amendment of the Financial Instruments Act

Date: 1st February 2017 On the 12h of January 2017, BETTER FINANCE sent out an open letter to the Slovenian government and to the European Commission’s DG for Financial Stability, Financial Services and Capital Markets Union in support of VZMD. The open letter denounced the amendment of the Financial Instruments

Crowdfunding: the interesting alternative to access financing so far doesn’t require regulation

Date: 31st January 2017 For some years now, crowdfunding has provided a new form of financing for SMEs, start-ups and not-for-profit projects. The European Parliament, in its resolution on the 9th of July 2015 on building a Capital Market Union underlined the importance of crowdfunding “CMU should create an appropriate

The European Parliament acknowledges and supports the contribution of Finance Watch and BETTER FINANCE to the general interest in matters of financial regulation

Date: 31st January 2017 On the 25th of January, the European Parliament’s Committee on Economic and Monetary Affairs approved a report on a proposed regulation by the European Commission to guarantee greater financial stability for Finance Watch and BETTER FINANCE. This vote follows a proposal from the Commission put forth

VW’ misfortunes…banned from Luxembourg pension fund and facing investors

Date: 30th January 2017 VW’s situation is going from bad to worst. Following the outbreak of the emissions cheating scandal in September 2015, the German carmaker is now declared personae non-grata in Luxembourg pension fund. The Grand Duchy’s Compensation Fund (set up to hold Luxembourg’s excess pension revenues) has added