EU plans tough ‘value for money’ rules for investment products – draft document

by | May 9, 2023 | Eco/Invest/Demography, Intermediaries, International News, Policy, Regulation, Wealth Management/ Philanthropy

The draft law calls on EU securities watchdog ESMA and its counterpart for the insurance sector, EIOPA, to come up with benchmarks industry would have to use to show that the cost of a product is justified and proportionate Banks, insurers and asset managers in the...