For months, Europe’s debt has been the dominant topic at meetings of the EU Commission. In such an environment, it's hardly surprising that the idea of some form of multilateral tax information exchange agreement ultimately proved too tempting to resist, says FECIF chairman Vincent Derudder
The Union of Financial Advisers and Intermediaries, Czech Republic (USF) has joined the European Federation of Financial Advisers and Financial Intermediaries (Fecif) as a full member.
European trade body member Graham Reid has called for rate of commission to be restricted rather than banned outright in a letter to Michel Barnier, European commissioner for internal markets and service.
Independent advisers in Europe should be banned from receiving commission payments, according to Michel Barnier, European commissioner for internal market and services at the EC, who sets out his position in a strongly worded letter to Fecif chairman, Vincent Derudder.
FECIF, a body which represents more than 500,000 European financial intermediaries, has reiterated its criticism of the tsunami of regulation sweeping across Europe.
Fecif has warned the EC against letting banks and insurance companies exploit Prips.
Fecif has petitioned the European Parliament again for IFA representation on new “super regulators”.
FECIF chairman Vincent Derudder says EU bureaucrats could do with a lesson in democracy
European IFAs have voiced concerns over their lack of representation within Europe’s new regulators
