Stop practicilor comerciale incorecte!
Brussels, 27 April 2020 – On 3 April the European Securities and Markets Authority (ESMA) published its final guidelines on performance fees in investment funds, applicable to Undertakings for Collective Investment in Transferable Securities (UCITS) and certain types of Alternative Investment Funds (AIFs). These guidelines aim to provide rules for
Brussels, 23 April 2020 – The necessary health, quarantine and social distancing measures taken to fight the ongoing Covid-19 pandemic, are taking their toll on economies around the world. This strategy – crucial to the fight – coupled with monetary and budgetary expansions of unseen magnitudes, will have lasting and damaging
Brussels, 7 April 2020 – The continued spread of the COVID-19 virus around the world and the emergency confinement measures have severely disrupted capital markets. EU Citizens in their capacity as investors and savers are already feeling the squeeze and will be among the first in line to suffer from
BRUSSELS, 3 MARCH 2020 – BETTER FINANCE congratulates the Norwegian Consumer Council (NCC) on its historic collective redress victory in the name of individual fund investors in Europe. On Friday 28 February, the Supreme Court of Norway unanimously upheld the 2015 decision of the Oslo Court of Appeals obliging DNB
The main credit subsidiary of BNP Paribas was ordered, this Wednesday, February 26, to pay 187,500 euros, the maximum fine, and to enormous damages, for having concealed the risks induced by its loans in Swiss francs Helvet Immo, to the detriment of more than 4,600 borrowers. BNP Paribas Personal Finance,
The new President of the European Commission refers to the European Green Deal as “Europe’s man-on-moon moment”. BETTER FINANCE strongly supports the Green Deal, the most important shift in European energy policy we have seen in the last two decades. But since the devil is in the detail, it raises
Brussels, 21 January 2019 – Back in 2013, BETTER FINANCE clearly expressed its support for a European Financial Transaction Tax (FTT) and its main stated objective “[of ensuring] that financial institutions make a fair and substantial contribution to covering the costs of the recent crisis… and to ring-fence the real
France’s top financial regulator has urged Europe to move faster on setting common standards for environmental, social and governance investing to prevent widespread “greenwashing”. According to Robert Ophèle, chairman of the Autorité des Marchés Financiers, the explosion in interest in ESG and the absence of EU-wide rules governing what constitutes