The European Structured Investment Products Association (Eusipa) and 11 other financial associations have sounded the alarm on the upcoming European Retail Investment Strategy (RIS), calling for a competitiveness check on regulation.
According to the trade associations, the RIS must be subjected to a competitiveness check in light of the European Commission’s (EC) competitiveness goals, and the need to advance a European Savings and Investments Union. As it currently stands, the RIS will not achieve its initial goal of increasing retail participation in European capital markets Eusipa joined on Friday (29 November) a statement issued by all major financial sector associations on concerns arising from an obvious neg