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14 12, 2015

EC to improve retail financial services (with a light on digitalization)

By | dicembre 14th, 2015|Finance, FinTech, Newsflash, Regolamentazione Finanziaria e Servizi Pagamento|

[Newsflash n. 3] 

 

Better products, more choice, and greater opportunities for consumers and businesses

On 10 December, the European Commission published a Green Paper* on retail financial services.

The paper analyses the current state of the retail financial services markets, highlighting the current market fragmentation and insufficient competition, as well as the increased impact of digital technology on […]

10 12, 2015

PRIIPs: ESAs joint consultation on RTS for KID

By | dicembre 10th, 2015|Capital Markets, Finance, Newsletter, Regolamentazione Finanziaria e Servizi Pagamento|

[Newsletter n. 2]

 

On 9 December 2015, ESAs (EBA, EIOPA and ESMA) held a public hearing in Frankfurt to discuss the joint consultation launched on 11 November 2015 to gather stakeholders’ views on the draft Regulatory Technical Standards (“RTS”) on the content and presentation of the Key Information Documents (“KID“) for packaged retail and insurance-based investment products .

ESAs […]

4 12, 2015

European Regulators turn attention on “robo-advising”

By | dicembre 4th, 2015|Finance, FinTech, Regolamentazione Finanziaria e Servizi Pagamento|

[Newsflash n. 2]

 

Today, 4 December 2015, the Joint Committee of the three European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – has launched a Discussion Paper on automation in financial advice to assess what action, if any, is needed to enhance the potential benefits of this innovation and mitigate its risks.

Automation in financial advice – […]

10 11, 2015

CONSOB repeals obligation to file “passported” final terms

By | novembre 10th, 2015|Capital Markets, Finance, Newsflash|

[Newsflash n. 1]

 

On November 3rd 2015, CONSOB informed the market that CONSOB Regulation on Issuers has been amended by Resolution n. 19430 of 29 October 2015 (still to be published on the Italian Official Gazette).

The amendments – implementing in Italy the recent changes to article 5 of the Prospectus Directive (2003/71/EC) introduced by the Omnibus […]

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