Disputes over a greater protection of shareholder rights: what else needs to be done?

Date: 26th November 2018 Author: BETTER FINANCE The world’s largest asset manager, BlackRock, has pitched into debate over US investor rights, backing tougher rules on shareholder advice and “greater transparency” in resolutions and annual meetings. According to Barbara Novick, BlackRock’s vice-chairman, and Ray Cameron, head of investment stewardship for the

EFAMA: EU proposed changes on PRIIPS are “legally questionable”

Date: 20th November 2018 Author: BETTER FINANCE The Joint Committee of the European Supervisory Authorities launched a consultation on amendments to the Key Information Document for Packaged Retail and Insurance-based Investment Products (PRIIPs). Since January 1, 2018, the EU PRIIPs Regulation has required providers of PRIIPs to prepare and publish

Increasing use of benchmarks in ethical and fixed-income investing drives growth

Date: 16th November 2018 Author: BETTER FINANCE In the past year, indices measuring markets have ballooned to more than 3.7 m, as providers produce a large number of bond market, environment, social and governance benchmarks. The rising popularity of passive investing has influenced the designing of means to measure everything

A step towards greater consumer protection: European Parliament in favour of limiting charges for cross-border payments and currency conversion

Date: 14th November 2018 Author: BETTER FINANCE On 12 November the European Parliament’s Economic and Monetary Affairs Committee adopted a draft regulation limiting charges for cross-border payments within the EU and for currency conversion services by a broad cross-party majority. Such a regulation would mean that regardless of the currency,

Parlamentarii au zis NU prezentei reprezentantului consumatorilor in Consiliul ASF

Comisia pentru Buget, Finante si Banci si Comisia pentru Politica Economica, Reforma si Privatizare din Camera Deputatilor, respectiv Comisia pentru Buget, Finante, Activitate Bancara si Piata de Capital si Comisia Economica, Industrii si Servicii din Senatul Romaniei au audiat candidatii pentru Consiliul Autoritatii de Supraveghere Financiara (ASF). Presedintele AURSF, Alin

EC PROPOSAL TO AMEND SOLVENCY II EQUITY CALIBRATIONS: AN OPPORTUNITY TO RETURN TO WELL-PERFORMING LONG-TERM LIFE INSURANCE PRODUCTS

Date: 13th November 2018 Author: BETTER FINANCE BETTER FINANCE’s (and others’) unabated efforts to convince the EU Authorities to recalibrate the capital requirements for equity have started to bear fruit. On 9 November 2018, with the input of BETTER FINANCE and other stakeholders, the Commission tabled targeted amendments to the