Marking the 5th Anniversary of the UN Sustainable Development Goals (SDG)

25 September, 2020

Today is the 5th anniversary of the UN Sustainable Development Goals. For many years FinFiles is aware of the ESG impact and related data collection, validation and dissemination for asset managers and distributors of investment products. Therefor we share below UN article to start with the 'lazy' persons in the world.....

EFAMA calls for urgent PRIIPS review and extension of the UCITS exemption

10 August, 2020

The European Fund and Asset Management Association (EFAMA) has written to the European Commission on the subject of the PRIIPS draft Regulatory Technical Standards (RTS), calling for an immediate extension of the UCITS exemption, as well as an urgent Level 1 review of the regulation.

Tanguy van de Werve, EFAMA Director General, said: "Following a recent communication from the ESAs' to the European Commission on the fact that they were unable to agree on a revised PRIIPs draft RTS, the entire PRIIPs regime is in limbo."

EC’s work on integrating sustainability considerations is ‘essential’, says EFAMA

9 July, 2020

The European Commission’s work on integrating sustainability considerations is an “essential milestone” that will further encourage the availability of environmental, social and governance (ESG) products to European investors, according to the European Fund and Asset Management Association (EFAMA).

The comments were made in response to the EC’s consultations on delegated acts that seek to integrate sustainability risks and sustainability factors into UCITS, Alternative Investment Fund Managers Directive (AIFMD) and the Markets in Financial Instruments Directive (MiFID).

NVB - Herziening MiFIR/MiFID 2 nodig op onderdelen

19 May, 2020

De Europese regels voor de financiële markten en beleggen moeten beleggers beter beschermen en financiële markten transparanter maken. Maar dit doel wordt nog niet op alle onderdelen van de richtlijn markten voor financiële instrumenten (Mifid 2) bereikt. Daarom zijn op een aantal onderwerpen rond beleggersbescherming (zoals kostentransparantie, ‘product governance’ en distributievergoedingen) en marktinfrastructuur (zoals ‘consolidated tape’) aanpassingen nodig.

FinDatEx publishes new version 5 of Solvency II Tripartite Template (TPT)

21 January, 2020

On 16 January 2020, Financial Data Exchange Templates (FinDatEx) published a new version of the Solvency II Tripartite Template (“TPT”).

FinDatEx is a joint structure established by representatives* of the European financial services sector industry with a view to coordinate, organise and carry out standardisation work to facilitate the exchange of data between stakeholders in application of European financial markets legislation, such as MiFID II, PRIIPs and Solvency II.