The European Parliament recently proposed the introduction of an independent comparison tool for various investment products. Randy Pattiselanno talks more about this in his latest column on Investment Officer.
We are all familiar with it. If you want to figure out a product or service you sometimes use comparison sites available online. So can investment products. The European Parliament recently proposed the introduction of an independent comparison tool for PRIIPs. Is this a good initiative and will it contribute to better access to investing for consumers?
Read the column by Randy Pattiselanno, manager of strategy & regulatory affairs at DUFAS, on Investment Officer.
Together with KPMG, we have published the paper *Bridging the Gap: How a European Security Fund Can Enable Defense Investments for Asset Managers*. The paper examines how private capital can more easily find its way to where it is needed most—unlisted companies and small and medium-sized enterprises (SMEs)—and what obstacles asset managers currently face in doing so.
DUFAS has submitted comments on the Anti-Money Laundering Authority’s (AMLA) consultation regarding the draft RTS on group-wide AML/CFT requirements under the new European Anti-Money Laundering Regulation (AMLR). We support the RTS’s objective of strengthening effective and proportionate group-wide AML/CFT governance, but at the same time we are asking for greater clarity regarding the application of the rules to the asset management sector.
As DUFAS we welcome the European Commission's proposed revision of the European Sustainability Reporting Standards (ESRS), which strike an appropriate balance between simplifying reporting requirements and preserving the core principle of double materiality. In particular, we strongly support the clarification that investments managed on behalf of clients are outside the scope of mandatory ESRS reporting. This clarification provides much-needed legal certainty for the asset management industry.
