|
ALFI has published its feedback on the Proposal of the Commission COM (2017)536 for a regulation on the role and powers of the European Supervisory Authorities.
ALFI is of the view that any change to the current regulatory framework of the European asset management industry should focus on the needs and best interests of investors in order to provide safe, high quality investment products and access to best-in-class professional investment management expertise and related services coupled with strict oversight.
ALFI regrets that, in its Consultation on the Operations of the ESAs in spring 2017, the Commission did not include any questions dealing with “delegation, outsourcing and risk transfer” although this is now considered in the Proposal. ALFI...
|