EU to combat "biased and unfair" investment counseling

In a long-awaited proposal, the European Commission ramps up demands for the financial sector related to private investments. Interest group fears ”huge, unintended consequences.”
"The purpose of this law package is to improve results for retail investors," Executive Vice-President of the European Commission, Valdis Dombrovskis says. | Photo: Tt News Agency/Reuters/Ritzau Scanpix
"The purpose of this law package is to improve results for retail investors," Executive Vice-President of the European Commission, Valdis Dombrovskis says. | Photo: Tt News Agency/Reuters/Ritzau Scanpix
by WatchMedia’s EU correspondent peter thomsen, translated by christian radich hoffman, daniel pedersen & kristoffer grønbæk

There ought to be greater transparency, availability, and ultimately less options for collecting commissions and hidden fees on private customers’ investments. 

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading