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EFAMA leaflet sets out clear recommendations for improvement
In its current form, the Retail Investment Strategy (RIS) will not achieve its goal of making investing more accessible to European citizens. In fact, it introduces excessive complexity and regulatory burdens that could ultimately deter, rather than encourage, retail participation. In order to stand a chance to deliver on its objectives, the RIS needs urgent simplification. EFAMA stands ready to support this effort and is pleased to provide its recommendations.
Key recommendations include:
- Delete the Value for Money (VfM) benchmarks, which impose a one-size-fits-all, overly cost focused framework that does not reflect the diversity of European products. Instead, the RIS...
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