Stop practicilor comerciale incorecte!
Date: 18th April 2019 Author: BETTER FINANCE Wanda Goldwag, the new chairwoman of the UK regulator’s Financial Services Consumer Panel has spoken about a „plethora” of products in the market that consumers do not understand, and advisers fail to properly explain. The panel was created in March, with the aim
Date: 8th April 2019 Author: BETTER FINANCE Fresh guidance from Europe’s markets watchdog has been hailed by BETTER FINANCE as a first step towards rooting out the practice of closet-indexing, also referred to as falsely active funds. Recently ESMA published an update to its question and answers document on the
Date: 27th August 2018 Author: BETTER FINANCE The European Securities and Markets Authority (ESMA), in accordance with their mission to enhance investor protection and promote stable and orderly financial markets, announced today that they have agreed to renew the prohibition of the marketing, distribution or sale of binary options to
Date: 1st August 2018 Author: BETTER FINANCE With its Communication of July 19, the European Commission reaffirmed the illegality of intra-EU bilateral investment treaties(intra-EU BITs) and stated that ”EU investors cannot invoke intra-EU BITs, which are incompatible with Union law and no longer necessary in the single market’’. Intra-EU BITs
Date: 3rd January 2018 On the day it becomes directly applicable, the long-awaited revised Markets in Financial Instruments Directive (MiFID II) gives birth to a new and healthier environment for financial services and instruments across the Single Market. Although only 11 out of 28 Member States have implemented the Directive
Date: 23rd June 2017 Today, Alin Iacob, Chairman of the Association of Romanian Financial Services Users, vice chair of the EBA Banking Stakeholder Group and Board Member of BETTER FINANCE, participated in a Panel Discussion on Retail Conduct Supervision at the Joint ESAs Consumer Protection Day 2017. He brought the
Date: 6th January 2017 When taking into account pensions and lifetime savings, many citizens have significantly more money stashed away with the asset-management industry than they do with banks, yet the industry’s oligopolistic ways have ensured that fees have remained unchanged over the years resulting in some of the highest
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