ESMA
Bumpy ride for asset managers as new EU ESG labels for funds deadline approaches
Many funds will have to divest from certain companies or industries, amend product names, or risk falling short of guidelines’ expectations
Cost of retail investments in Europe in ‘slow decline’
Improvements in product design has increased participation in capital markets
EU regulator eyes shake up of passporting rules
Following an increase in firms offering cross-border services to retail clients across the bloc
EU regulators eye Priips and Kid reform
They are asking for feedback from industry on potential changes
EU Commission and regulator clash over Priips
As lawmakers block reforms due to legal concerns