BVI Bundesverband Investment und Asset Management e.V.

We fully support the EU Commissions objective of fostering competitiveness of the European industry and cutting red tape in EU legislation. With regard to the asset management sector, we see the potential of eliminating excessive regulatory burden in the following cases: 1. Scope of application of EUDR: In order to strike the right regulatory balance and account for the proportionality principle while preserving the objectives of EUDR, we suggest: focusing due diligence requirements on operators and traders that are the first who place the relevant commodities or products on the EU markets either by importing them from third countries or by sourcing from EU locations. Those lead operators…

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Selected EU initiatives currently being monitored by the BVI, include:
- Market Integration Package (MISP)
- SFDR Review
- Markets in Financial Instruments Directive (MiFID II) / - Markets in Financial Instruments Regulation (MiFIR)
- Alternative Investment Fund Managers Directive (AIFMD)
- Undertakings for the Collective Investment of Transferable Securities (UCITS Directive)
- Packaged Retail and Insurance-based Investment Products (PRIIPs Regulation)
- Sustainable Finance Regulation Package (Taxonomy, Disclosures, Low-Carbon Benchmarks, Omnibus)
- Markets in Cryptoassets (MiCA)
- Digital Operational Resilience (DORA)
- Distributed Ledger Technology (DLT)
- Digital Finance
- Open Finance (FIDA)
- Corporate Sustainability Reporting Directive (CSRD)
- European Green Bond Standard (EuGBS)
- ESG Ratings
- Market Data Costs
- European Single Access Point (ESAP)
- European Long-Term Investment Funds (ELTIF)
- Central Securities Depositories Regulation (CSDR)