Overregulation impeding Europe's competitiveness globally: BVI

Allemagne
On the 02.12.20 at 12:30PM

by

Tuba Raqshan

As the German funds industry posted record assets under management of €3.4trn (15% increase from 2018), trade association BVI pointed out that EU’s overregulation is hurting asset managers’ competitiveness.
Thomas Richter, CEO of BVI
Stefan Groepper

Calling for a regulatory shift in EU regulation, German Investment Fund Association BVI’s CEO Thomas Richter said that excessive regulation ties up huge amount of resources that could be used for investments in technology and dev

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