Fecif launches EU regulatory database for advisers

Added 19th September 2016

Advisers across Europe will be able to stay ahead of regulatory and legislative changes following the launch of a database and documents library by the European Federation of Financial Intermediaries and Financial Advisers (Fecif).

Fecif launches EU regulatory database for advisers

Available exclusively to Fecif members, secretary general Paul Stanfield said the aim of the database was to “create a knowledge tool to help our members stay on top of all developments”.

He said: “It means that our members will be able to follow and obtain the latest information and documents on all of the important topics that are of concern to them; in particular with regards to EU legislation, including regulations, directives, articles, and information.”

Categories and sub-categories

Fecif chairman Johannes Muschik added: “All of the information is grouped into seven main categories; including investment, insurance, and pensions. These categories are then further separated into more specific sub-categories such as MiFid2, [Insurance Distribution Directive], and Priips.

“In this way any relevant content or documents can be accessed incredibly quickly and efficiently. This will save our members a huge amount of cost both in terms of time and legal bills.”

Content can be found via the main and sub-categories, or through a ‘last updated’ feature, as well as via tags. There is also a list of documents that are being most often downloaded, which enables users to see at a glance the vital current issues among Fecif’s membership.

Regular updates

“The unique Fecif Regulatory Database and Documents Library is, and will be, updated regularly, providing an incredibly valuable direct resource for all of our members, and particularly for the national trade bodies that we represent,” Stanfield said.

“In addition, it will allow them to offer this exclusive facility to their own members at a significantly discounted cost, or even on a complimentary basis in some cases.” 

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Kirsten Hastings

Senior Reporter

Kirsten is a senior reporter for International Adviser, covering global news stories about the financial services industry. She joined Last Word Media in October 2015 after two years working as a reporter covering the staffing and recruitment industry. Kirsten has a Masters in Financial Journalism from the University of Stirling. 

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