All posts tagged: Asset Management

When lawmaking meets business – POLITICO

When lawmaking meets business – POLITICO

[ad_1] In any case, it wasn’t long before Ferber was opening doors for Cfinancials. In April 2013, Ferber forwarded Heijmeijer an email he had written to Verena Ross, then executive director of the European Securities and Markets Authority (ESMA), the EU’s security regulator. “CFINANCIALS’ services could, in my opinion, be of great use to ESMA,” Ferber wrote Ross, asking that she meet with Heijmeijer. “Mr. Ferber requested that ESMA (European Securities and Markets Authorities [sic]) to become our client,” Heijmeijer wrote to shareholders five days later. ESMA said that no meeting was set up with Ross or the chairman at the time, Steven Maijoor. As POLITICO previously reported, Ferber and Heijmeijer co-founded in 2013 a Switzerland-based foundation called PeoplesFinancials. In a letter to asset managers, Ferber described the foundation’s mission: “to empower ordinary people to invest with more security and confidence in capital markets,” adding that this was “made possible by TIPER.” Heijmeijer also claimed he had influenced the writing of MiFID II, to the benefit of Cfinancials. In a 2014 letter to the company’s …