On Friday 2 May, the European Commission provided the EU’s co-legislators with a non-paper assessing the possibilities for simplifying the texts proposed in the retail investment legislative package, aimed at encouraging the participation of small investors in the European Union's capital markets.
As agreed at the first interinstitutional negotiating session (trilogue), held in mid-March (see EUROPE B13602A21), the Commission focused on three key aspects: - the value for money rules; -...