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EU capital-markets shakeup to include broad rule easing, testing for financial advisers, draft note shows

EU capital-markets shakeup to include broad rule easing, testing for financial advisers, draft note shows
Published on: 26 June 2020
Published by: MLex
  • EU capital-markets shakeup to include broad rule easing, testing for financial advisers, draft note shows
  • Banks, insurance
  • Retail investment

Article summary

MLex: EU insurers, banks and stock-market issuers would see a widespread relaxation of rules as part of a kickstart to the bloc’s capital markets later this year under plans outlined in an internal European Commission document, seen by MLex. Officials are also considering introducing an EU-wide qualification for financial advisers, compulsory education about financial markets, and a ban on pay incentives that corrupt impartial advice, the draft prepared within the EU executive’s financial services arm suggests. or take a trial to read the full analysis.

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