Investor Protection & Intermediaries SC

 

CHAIR : Jean-Paul Servais, Chair of the Belgian FSMA

RAPPORTEUR : Salvatore Gnoni

 

The Investor Protection and Intermediaries Standing Committee undertakes ESMA’s work on issues relating to the provision of investment services and activities by investment firms and credit institutions. Particular regard is made to investor protection, including the conduct of business rules, distribution of investment products, investment advice and suitability.

In terms of policy, the  Standing Committee is responsible  for developing and providing technical advice to the European Commission, and for preparing technical standards, guidelines and recommendations relating to the provisions of the Markets in Financial Instruments Directive (MiFID) applicable to investment services and activities. This includes, for example, the authorisation of investment firms, conduct of business, organisational arrangements and pass-porting.

The Standing Committee also fosters supervisory convergence among national competent authorities in the area of investment services and activities.

A Consultative Working Group has been formed to assist the Standing Committee. The list of members is set out on the right.

Any correspondence regarding the work of this Standing Committee should be sent to the relevant ESMA staff member.

 

Click here to download IPISC Terms of Reference

Members of the IPISC consultative group

Adam Phillips

Chair UK Financial Services Consumer Panel 

Christiane Hölz

Managing Director Deutsche Schutzvereinigung fur Wertpapierbesitz (Germany); Member of EC Financial Services User Group (FSUG)

Dan Viorel Paul

President Stock Broker Association of Romania

Eric Soong

Chief Compliance Officer UBS (Germany) 

Etienne Valence Deputy Head Compliance Corporate and Investment Banking BNP PARIBAS (France)
Jean-François Biernaux

Legal Adviser Test-Achats (Belgium); External Counsel (BEUC - European Consumer Organisation) 

Markus Lange

Partner, Head of Financial Services Legal – KPMG (Germany)

Massimo Scolari

General Secretary of Ascosim (Italian Association of Financial Advisory Firms)

Niels Lemmers

Legal and Public Affairs manager Dutch Investors’ Association (VEB)

Patricia Rodriguez

>Adviser Spanish Banking Association (AEB)

Philip Warland

Head Public Policy - Fidelity Worldwide Investment (UK)

Philipp H. Bohrn

Managing Director Austrian Chamber of Commerce (Professional Association of Financial Service Providers)

Susan McAll

Chief Compliance Officer Sumitomo Mitsui Banking Corporation Europe Limited (UK)

Thomas Vogel

Partner (Finance) Latham & Watkins LLP (France)

Vincenzo Troiano

Full Professor University of Perugia; Partner Chiomenti Studio Legale (Italy)