European Commission

Further improvements to UCITS III are necessary to remove barriers to cross-border distribution of funds within Europe, according to a report by Standard & Poor's.

The Council of Mortgage Lenders (CML) has urged the European Commission to concentrate on measures that will make it easier to do business across different member states, not just on measures to harmonise consumer protection.

The European Fund and Asset Management Association says proposals in the European Commission's Green Paper on investment fails to dent the key issues of creating a true single market in financial services.

Financial services companies may have been saved from an EU proposal which would have required firms to issue clients with "two-way consent" paperwork on new terms of business.

The Council of Mortgage Lenders has called on the European Commission to remove barriers which discourage lenders from operating in new markets, rather than to attempt to stimulate cross-border mortgage shopping within the European Union.

EQUITABLE LIFE policyholders will tomorrow urge the European Parliament's Petitions Committee to intervene in their battle to force the Government to pay compensation, say the Daily Telegraph .

Members of Equitable Life, the beleaguered life assurance company, have filed papers with the European Commission in their bid for compensation.

The Financial Services Authority is hosting a special meeting of European regulators next Thursday to look at the impact minimum professional indemnity insurance requirements of the Investment Services Directive and Insurance Mediation Directive could...