31/07/2020 (Agence Europe) – The organisation BETTER FINANCE regretted, on Friday 31 July, the reduction in investor protection it said had been brought about by the package of targeted amendments to EU financial regulations proposed by the Commission on 24 July to make it easier for capital markets to support European companies in the face of the Covid-19 crisis (see EUROPE 12535/11). The organisation indicates in a statement that it understands the need for such temporary measures, but points out that they could “further endanger individual investors and erode once again their confidence in capital markets”. According to BETTER FINANCE, in order to offset this reduction, investors in capital markets should at least be offered the possibility of recourse in the event of abuse, as recommended by the High Level Forum on Capital Markets Union. (MF)