The French securities market regulator AMF wants abundant savings to flow more into listed issuers and private equity funds. It also cheers the return of individual shareholders.
European authorities want to adjust regulations to prevent tensions on the money market, such as those that occurred during the pandemic.
The Financial Conduct Authority (FCA) published the results of its Covid-19 financial resilience survey, which puts 4,000 financial service firms at risk of heightened risk of failure, though many would be able to bounce back once the economic conditions improve.
Esma, along with other national regulators, will undertake supervisory action in 2021 on the costs and fees charged by the fund managers.
The International Organisation of Securities Commissions (Iosco) has issued a questionnaire on ETFs for industry participants.
2020 has been marked by a few jurisprudences from the Court of Justice of the European Union concerning the investment industry. Asset News reviews the most significant judgments.
Irish Funds Industry Association (Irish Funds) said that the key financial services bill passed recently is expected to create 3,000 jobs by 2025, while attracting €20bn of global private capital annually.
Germany’s difference of tax treatment between domestic and foreign specialised property funds may breach EU law according to case referred to the Court of Justice of the European Union, Asset News has learned.
In a joint position paper released on Tuesday, French financial market authority AMF and its Dutch counterpart AFM made the case for a European mandatory regulatory framework for providers of sustainability-related services.