19:43 12 June 2024
EU Strengthens Retail Investor Protection
The Council of the EU has agreed on enhanced rules to protect retail investors, aiming to improve transparency, information, and safeguarding of investments. This agreement facilitates interinstitutional negotiations on the Retail Investment Package, which seeks to standardize investor protection across the EU.
Key points include removing the proposed ban on sales commissions and introducing principles to prevent disproportionate incentives. The package ensures investment products offer good value for money, requiring manufacturers and distributors to assess and justify associated costs and fees.
European supervisory authorities, ESMA and EIOPA, will develop standards to help national authorities identify non-compliant products. The value for money framework will be reviewed seven years post-implementation. This initiative is part of the broader Capital Markets Union effort to unify the EU's capital markets.
Source: inwestycje.pl
