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Key EU lawmaker Heinäluoma reverses course on EU-level asset manager supervision

By Fanny Roux ( September 29, 2026, 14:17 GMT | Insight) -- Centralized supervision of asset managers was ultimately not included in a compromise proposed by key EU lawmaker Eero Heinäluoma on the Market Integration and Supervision Package, a draft obtained by MLex shows. Heinäluoma, of the Socialists and Democrats group, initially suggested centralized supervision for these entities but faced backlash from center-right and right-wing groups. However, he proposes centralized supervision of investment-fund depositaries. EU lawmakers working on this reform are due to discuss the proposal on Oct. 1.Despite his earlier push for centralized supervision of EU asset managers, the measure is absent from key EU lawmaker Eero Heinäluoma’s proposed compromise on the Market Integration and Supervision Package, or MISP, a draft obtained by MLex shows. ...

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