Italy?lang=italian Latest Articles
The Built Environment
International regulatory catch-up can deliver energy transformation gains for logistics
If regulators can keep pace with innovation, such as battery storage, new revenue streams await logistics owners
15/09/2023
The Built Environment
How understanding data and protecting value is the future warehouse challenge across Europe
Questions around the use of data need to be to the fore for logistics owners and occupiers of facilities of the future
07/09/2023
Financial Services
EU enhances investor protection rules, amending MIFID, UCITS and AIFMD Directives
The EU Commission has proposed a "Retail Investment Strategy" in order to enhance retail investor protection rules. The strategy consists of a proposal for a Directive – amending MiFID II, IDD, UCITS, AIFMD and Solvency II – and a proposal for a Regulation – amending PRIIPS Regulation.
In summary
Goals
(i) To strengthen the protection framework for retail investors, (ii) to empower them when taking investment decisions, (iii) to ensure their fair treatment when using investment services in order to achieve better investment performance, and (iv) to improve the efficiency and integration of the internal market across all retail financial services.
Entities involved
All entities permitted to provide investment services and activities, like SIMs, EU Investment Firms, Italian Banks, EU Banks, Third Country Investment Firms, Third Country Banks, SGRs, SICAVs/SICAFs, EU AIFM, Third Country AIFM, Autonomous Financial Advisors, Financial Advisory Companies, Financial Intermediaries under Article 106 TUB.
Next steps
The draft Directive and the Regulation require approval by the EU Parliament and Council. Please note that some changes to the proposals may occur during the legislative process.
05/09/2023
Read time
3m
