On Wednesday 15 October, the European Federation of Investors and Financial Services Users (Better Finance), and the Federation of European Securities Exchanges (‘FESE’) called for the upcoming Savings and Investment Union proposals (see EUROPE B13603A5) to be a turning point in making EU capital markets more attractive.
In a joint statement, the federations warn that the growing fragmentation and opacity of off-exchange trading is penalising listed companies and undermining investor...