In-person event is over

Gold-plating in Europe’s capital markets: Beyond compliance, towards harmonisation

Finance

When
Wednesday
Where
CEPS Conference Room
Place du Congrès 1, Brussels, Belgium

This in-person event is free and open to the public but registration is mandatory.

In-person event

Gold-plating in Europe’s capital markets: Beyond compliance, towards harmonisation

0

In-person event

 

Gold-plating in the context of EU capital markets represents a key regulatory challenge that undermines efforts to harmonise the European single market. It occurs when Member States introduce additional requirements on top of EU directives, often creating unnecessary regulatory burdens for businesses and investors. While this practice may be well-intentioned – aiming to safeguard domestic markets or enhance investor protections – it frequently results in inefficiencies, increased compliance costs, and reduced cross-border market integration. In the realm of capital markets, gold-plating not only complicates the regulatory environment but also hinders the realisation of a cohesive Capital Markets Union (CMU), a long-standing EU goal aimed at fostering deeper financial integration.

The seminar, jointly organized by CEPS, ECMI and CFA, will address the growing issue of gold-plating, focusing on its prevalence in various EU Member States. It will explore how it can distort market dynamics and discuss its impact on the competitiveness of both local economies and the EU as a whole. By examining specific examples from key directives such as UCITS, AIFMD, and MiFID, the seminar aims to shed light on the complexities of this practice and the steps needed to mitigate its negative effects.

More speakers to be confirmed

This event is co-organised with CFA Institute.

 

 

Host
Apostolos Thomadakis Apostolos Thomadakis
Apostolos Thomadakis

ECMI Head of Research

Speakers list
Heinrich Wollny

Deputy Head of Asset Management Unit, DG FISMA

Antonio Baratelli

Head of Investment Management Unit, ESMA

Dr Piotr Sieradzan

CFA, Chairman of the Advocacy Committee, CFA Society Poland

Aleksandra Maczynska

Managing Director, Better Finance

Guillaume Bérard

Coordinator, International Relations and Sustainability Policy, FSMA