Insurance companies across the EU have a set of rules from the EC to protect policy holding citizens and that they can survive a financial crisis. Solvency 2 rules are a standard framework for insurance companies offering products like; reinsurance, life, and no life insurance. The laws target the insurance sector in being transparent, competitive and comparability to promote better consumer reliability.

Solvency 2 was amended by the EC to remove obstructive channels for investments on long-term projects and infrastructure. The insurance firms are unwilling in insuring large infrastructure project, and it’s a setback for in those investments as they require a high amount of capital.

The benefits of the new regulations are that long-term investments and trading facilities will enjoy lower charges in capital. Qualifiers of infrastructure investments will benefit from a lower risk calibration.

The EC adopted an action plan on FinTech.  The term FinTech refers to the new technologies impact in the industry of financial services, and the action plan is to enhance an innovative EU financial sector and it to be more competitive.

The innovations of FinTech enable it to be implemented all over the EU in preparing the financial sector to take advantage of investment opportunities brought by technology. Its primary benefit is to guarantee consumer protection and maintaining a risk-free financial single market for consumer financial services.

The EC aims at ensuring that the financial services are offering to the consumer, proper information on products for them to make appropriate decisions and that there is transparency. The products covered are payment services, credit cards, savings and current accounts, investment products, and insurance.

There are new measures from the European Commission (EC) to strengthen the Capital Markets Union (CMU) and the Banking Union (BU). These reforms are intended to develop supervision of financial markets and secure a stable financial institution. EC launched the CMU and the BU action plan with the aim of developing a single market in the EU and its member states for a diverse, more rooted and improved capital market that stimulates better jobs and economic growth.

The action plan has achieved progress in its initial steps in making a strong market for capital in the EU by the end of the commission’s tenure in 2019. The overview of some of the actions listed in the previous action plans are:

Climate change-Using the financial sector for a cleaner and greener economy

Europe has confirmed its commitment to implement the Paris agreement making it as a global leader in the fight for climate change. The EC has mandated the financial body to progress competitiveness in the EU economy and also reduce the effects of climate changes.

The severity of extreme events such as hurricanes, heat waves, and floods, can lower the productivity in an economy leading to financial losses.

Making it Easier for small businesses to acquire financial aid through capital markets

It’s with a welcoming relief for medium and small businesses after the proposal of getting financial access from the capital markets. The alternative from the traditional bank financing will unlock the growth potential for many of these businesses with the benefits of stock exchange listings.

In improving access to the market, the SME’s in the new rule get a new trading category venue on SME Growth Markets that support their listing.

When incorporating financial and forex industry, it can be both hard and dull or even both. What makes trading simple when financial forex goals? Financial marketers would tell you that you need to stay up-to-date with the trends within the world of currency trading especially when indulging in a contract for difference trading while forex traders will tell you that you need good management which involves making a good and simple for the benefit of growing your business to enhance trading performances. With that being said financial and forex industry need attention to detail when extracting knowledge. One of the tops most popular financial advisors at Jones Mutual –Miguel Wellington mentioned that some news websites giving information on forex and financial trading might offer false information about what is happening in the financial world. There is no doubt that using this information will make traders misinterpret their trading ventures. That can lead to loss of your hard-earned money, all because you did not conduct thorough research. He instead advises traders to take their time to improve quality of their trading to avoiding making loses now or in the future. The following will guide traders on how to gather financial market knowledge to prevent drops and make more money:

Traders should find their trading method and stick to it.

Before settling on a trading method, you should ensure that you create long lasting trades, use daily charts and put your focus on the position of the trade. It is undeniable that we are different people and time to time we will tend to see financial markets differently, we all want the same thing –making more money. People tend to think to indulge in financial markets; one can learn how to trade overnight. Well, they are all wrong. Some traders feel that they should use their gut and often; this is where you make huge losses. The secret behind successful trading behind choosing a suitable trading method that will suit your individual needs –and then stick to it. But, it is also important to first find the right broker , like for example forex traden bij Pepperstone. Manu trading experts believe that price action method of trading is the best way of making profits. This revolves around keeping a close eye on the raw prices while simultaneously concentrating on high-probability patterns that repeat themselves.

Traders should trade on higher profits.

Miguel Wellington advisors who are just beginning to trade should be cautious or should not do this at all. He bases his argument on “the lower time frames your chart is divided into, the more your chances you have to make different trades.” While this is true in one sense, it is impossible for it to cost traders a lot of capital when trading in the long haul. Therefore, deciding to choose a trade on higher times frames, traders will have more valuable information as the candlestick on your chart has had a full 24 hours to build up to where it stands now.

Minimize the time you spend watching your charts.

This is something that traders have been known to struggle with. Sitting in front of your computer all day long monitoring the market charts, then you will jump at every spot where it looks like you are making profits. You might also be tempted to close the trade when you see the market plummeting a little. However, traders who trade on the daily charts should look at their charts once a day and decide whether they should enter a trade and set stop loss and take profit levels