BlackRock: ViewPoint - Restoring Investor Confidence
Following the financial crisis of 2008, the need to provide enhanced protection for investors was placed high on the agenda of regulators and policymakers worldwide. In Europe, investors were unprepared for the extent of their losses on longterm investments, raising regulatory concerns as to whether the products themselves had failed and/or the advice around product suitability was deficient. Rebuilding investor confidence is rightfully at the heart of the agenda for European regulators, as evidenced in recent and upcoming legislation.
Changes in the pipeline The European Commission recently published proposals to
update the Markets in Financial Instruments Directive (MiFID). The proposals put forward various ideas to address investor protection issues by supplementing the existing regulatory framework in the MiFID as well as directly applicable proposals
to be contained in a new regulation known as the Markets in Financial Instruments Regulation (MiFIR). BlackRock supports the objective of the MiFID review. Developing additional appropriate protections is essential for investors to regain
confidence in financial markets, as only then will they invest for their future financial security and for the benefit of the real economy.



Derek Bradley, CEO
Sarah Paul, Marketing Director
James Bradley, Head of e-Relationships
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