Heinäluoma’s plan for asset managers’ EU-level oversight faces backlash
By Fanny Roux ( July 1, 2026, 16:01 GMT | Comment) -- Asset managers are pushing back against a key EU lawmaker's proposal to bring them under direct supervision by the European Securities and Markets Authority, calling it unwarranted and contrary to EU competitiveness goals. Social-Democrat Eero Heinäluoma's plan — part of the Market Integration and Supervision Package — is expected to spark debate among political groups in the European Parliament.Asset managers were relatively relieved to be excluded from the European Commission's plan for centralized supervision of significant capital market participants last December. But now they are concerned....
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