EFAMA survey – Increases in supervisory costs

DUFAS response to Call for Evidence Better Regulation.

In January, the European Commission published a call for evidence with the goal of achieving Better Regulation. From DUFAS we support the objectives of the European Commission regarding Better Regulation and the importance of evidence-based, proportionate and predictable regulation. At the same time, we emphasize that effective regulation requires clear choices: not all risks can or should be regulated away. Regulation should focus on material and systemic risks, with room for professional supervision and market forces, so that urgent situations can be dealt with quickly and purposefully.