European Commission

Brussels softens stance on inducements ban – Ignites Europe – Ignites Europe

The European Commission has toned down its support for a full ban on inducements as it prepares to propose measures designed to increase retail investment in the EU. Mairead McGuinness, European commissioner for financial services, announced yesterday that Brussels is now “looking at tightening the conditions under which inducements are allowed” rather than a full

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Brussels considers UK-style value for money legislation – Ignites Europe

The European Commission is considering requiring asset managers to prepare ongoing value for money assessments of their funds, Ignites Europe has learned. The EU could follow in the footsteps of the UK, which has required firms to assess the value their funds deliver to investors each year since 2019. view full article

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