Etichetă: press release

BETTER FINANCE Urges a Genuine Reform of the Dysfunctional European Retail Investment Market in Support of EC’s Strategy

Date: 19th October 2023 Author: Type: Press Releases BETTER FINANCE, the European Federation of Investors and Financial Services Users, has published a position paper on the European Commission’s Retail Investment Strategy (RIS) proposals. The organisation fully supports the EC’s RIS objectives: consistent rules, enhanced retail investor protection, unbiased advice, competitive financial

BETTER FINANCE Praises the Latest Proposal from the European Commission on Withholding Tax in Europe

Date: 20th June 2023 Author: BETTER FINANCE Type: Press Releases BETTER FINANCE supports the recent proposal put forth by the European Commission, aimed at simplifying the reimbursement of cross-border withholding taxes. Guillaume Prache, the Managing Director of BETTER FINANCE, expresses cautious optimism and states, “This proposal, which was swiftly introduced

The Proposed Retail Investment Strategy Shows Potential for Investor Protection Progress, but Fails to Meet Own Key Targets

PRESS RELEASE BETTER FINANCE Brussels, 24 May 2023 BETTER FINANCE, the European Federation of Investors and Financial Services Users, welcomed the European Commission’s launch of a Retail Investor Strategy in September 2020, as a once in a lifetime opportunity to create a capital markets Union that works for people. Nevertheless,

Withholding Tax on Cross-Border Dividends in the EU continues to be a nightmare for investors

PRESS RELEASE BETTER FINANCE Brussels, 15 May 2023 Many investors commonly use the strategy of investing in dividend stocks. Yet, investors holding foreign shares often have to pay additional withholding tax on dividends in the respective country. A recent survey conducted by BETTER FINANCE and DSW among 3,000 investors across

It is time to address the negative impacts of the conflicts of interest generated by sales commissions in the distribution of investment products to European savers

Date: 3rd March 2023 Author: BETTER FINANCE Type: Press Releases On 2 March 2023, BETTER FINANCE was one of the two organisations representing individual investors and financial users invited by the European Commission (together with 5 financial industry representatives) to address representatives of EU Member States at a “Government Expert

BETTER FINANCE joins forces in collective redress for individual Airbus investors

Date: 22nd February 2023 Author: BETTER FINANCE Type: Press Releases BETTER FINANCE, The European Federation of Investors and Financial Services Users, joins forces with Stichting Investor Loss Compensation (SILC), assisting Airbus shareholders recover losses resulting from Airbus’ involvement in bribery practices and other wrongful conducts. Largest ever penalty on global

BETTER FINANCE calls on EU legislators to stop helping the expansion of large (mostly non-EU) dark traders and to protect retail investors instead

10 February 2023 | As EU policymakers continue their negotiations on the MiFIR review, BETTER FINANCE is increasingly alarmed that the regulation could severely hurt retail investors, by putting in place a market structure further benefitting dark Systematic Internalisers (SIs). Ignoring the previous plea from BETTER FINANCE and going against

Potential ban on inducements reduced to false choice between “advice gap” and “biased advice”

In response to warnings about an “advice gap” if inducements – or rather sales commissions – were to be banned, BETTER FINANCE stresses that there can be no “advice gap” if there’s no “advice”: biased advice is not really advice. The discussion in Brussels between advocates and opponents of bias-free