OpenLobby.EU
Explore

Schroders Investment Management (Europe) SA

Schroders is a global investment management firm that provides asset management services to institutional and retail clients.

Lobbying Activity

Meeting with Ralf Seekatz (Member of the European Parliament, Rapporteur) and Association for Financial Markets in Europe and Asociación Española de Banca

1 Oct 2025 · Verbriefung

Schroders urges lower Solvency II capital charges for securitisations

5 Sept 2025
Topic — The consultation concerns a technical review of prudential rules for the insurance sector.
Message — Schroders supports recalibrating Solvency II to provide meaningful relief from punitive capital charges. They request tiered capital charges based on tranche levels and underlying asset types. The organization recommends permitting limited active management and incorporating recent SME STS reforms.123
Why — Reducing capital charges would help Schroders attract more investment from European insurers.4
Read full response

Schroders urges broad asset eligibility for EU investment accounts

7 Jul 2025
Topic — Creating a European blueprint for savings and investment accounts to increase retail market participation.
Message — Schroders recommends allowing a broad range of assets without minimum holding periods. They also propose linking national adoption of these accounts to EU fiscal rules or funding.123
Why — Flexible eligibility rules would help Schroders attract more retail capital into their investment products.45
Impact — Member States may lose fiscal autonomy if investment reforms become tied to EU funding.6
Read full response

Meeting with Larisa Dragomir (Cabinet of Commissioner Maria Luís Albuquerque), Philippe Thill (Cabinet of Commissioner Maria Luís Albuquerque) and

2 Jul 2025 · Information exchange with representatives of the asset management industry.

Schroders calls for strategy-based categories to reform SFDR framework

23 May 2025
Topic — The European Commission is reviewing rules for disclosing sustainable investment product information.
Message — Schroders advocates replacing current fund labels with a strategy-based categorization regime. They also request reporting exemptions for private investment funds marketed only to professional investors.12
Why — Specific exemptions would reduce compliance costs associated with their bespoke private fund strategies.34
Impact — Retail investors may lose access to detailed data due to simplified product disclosures.5
Read full response

Schroders urges EU to slash securitisation red tape

25 Mar 2025
Topic — The European Commission is conducting a holistic review of the EU's securitisation regulatory framework.
Message — Schroders wants a principles-based regime that replaces rigid templates with flexible requirements. They advocate for lower capital charges and removing the 10% investment cap for UCITS.12
Why — This would expand Schroders' investment universe while significantly reducing its administrative and compliance costs.34
Impact — Regulators may lose access to standardized data needed to monitor systemic risks across the market.5
Read full response

Meeting with Cristina Dias (Cabinet of Commissioner Maria Luís Albuquerque), Philippe Thill (Cabinet of Commissioner Maria Luís Albuquerque)

25 Mar 2025 · Exchange with Schroders on the review of the securitization framework

Meeting with Arthur Corbin (Cabinet of Executive Vice-President Stéphane Séjourné)

19 Mar 2025 · Clean industrial deal, Simplification, trade

Meeting with Andrea Beltramello (Head of Unit Financial Stability, Financial Services and Capital Markets Union), Helene Bussieres (Head of Unit Financial Stability, Financial Services and Capital Markets Union) and

20 Feb 2025 · Capital Markets Union (CMU) and Saving and Investment Union (SIU), with a focus on long-term savings accounts, the Non-Bank Financial Intermediation (NBFI) agenda, and the review of the UCITS Eligible Assets Directive.

Meeting with Tilman Lueder (Head of Unit Financial Stability, Financial Services and Capital Markets Union) and Fleishman-Hillard and

20 Feb 2025 · CMU discussion with asset management industry

Meeting with Alice Guedel (Cabinet of Commissioner Maria Luís Albuquerque), Philippe Thill (Cabinet of Commissioner Maria Luís Albuquerque)

18 Feb 2025 · Discussion on fragmentation arising from diverging marketing rules, the potential for automation in financial advice, tokenization and AI in investment research.

Meeting with Andrea Beltramello (Cabinet of Executive Vice-President Valdis Dombrovskis)

6 Jul 2023 · Long-term investment

Meeting with Axel Voss (Member of the European Parliament, Shadow rapporteur) and BUSINESSEUROPE and

8 Mar 2023 · Corporate Sustainability Due Diligence

Meeting with Andrea Beltramello (Cabinet of Executive Vice-President Valdis Dombrovskis) and Fleishman-Hillard and

26 Oct 2022 · Retail Strategy & Sustainable Investment

Meeting with Florian Denis (Cabinet of Commissioner Mairead Mcguinness), Katherine Power (Cabinet of Commissioner Mairead Mcguinness), Patricia Reilly (Cabinet of Commissioner Mairead Mcguinness) and

26 Oct 2022 · EMEA Asset Management CEOs to discuss retail investor engagement as well as ESG/sustainable finance. Cab EVP Dombrovsksi also participated Andrea Beltramello.

Meeting with Danuta Maria Hübner (Member of the European Parliament, Rapporteur) and BlackRock and

9 Mar 2022 · MiFIR Review and CMU Package

Meeting with Agnieszka Drzewoska (Cabinet of Commissioner Mairead Mcguinness), Claude Bocqueraz (Cabinet of Commissioner Mairead Mcguinness) and

26 May 2021 · Retail investment

Response to Retail Investment Strategy

5 May 2021

Building on the CMU HLEF report of June 2020, Schroders welcomes the European Commission’s plan for a comprehensive strategy for retail investors. It is clear that enabling economic recovery and achieving sustainability goals will depend on engaging and motivating more individuals to invest in capital markets. To this end, it is essential to start with the investor, which involves looking at the entire value chain. The EU retail investment market is highly intermediated and it is imperative to have some understanding of the market and the potential consequences of any policy interventions. One of the challenges in considering these issues is filling the data gap around the distribution of retail investment products around Europe and taking into account very significant national differences. Also, we will need to work with the grain of existing structures rather than starting completely from scratch. In our view, a key element in developing more of an investment culture is acknowledging that financial health is a public good and that we need to empower citizens to check on their financial resilience as much as on their physical and mental health. This includes increasing financial literacy, creating an infrastructure which meets people at an optimal time and place in their life, including at their workplace, and establishing a financial planning process which is independent from a sale and doesn’t cover investment only but also takes a broad perspective of the individual’s overall financial position. This is also why it is high time to create a devoted structure to retail conduct providing a coherent approach across products and providers. Secondly, we need to talk finance with people in a language and form they understand and want to engage with. This requires focus on the consumer perspective, rethinking existing disclosure requirements, embracing technology, being clear about risks, speaking plain language and benefiting from behavioural findings (nudges). In a next step, we need to ensure that advice and financial planning is reliable, trustworthy and of high quality. This means we need to work on the professional skills and competences of advisors, including qualification/certification and a clear distinction between sales persons and financial advisors. In this context, strong enforcement against misselling and lack of quality of advice is paramount. Last but not least, we should embrace technology. Existing client communication rules have been designed for a paper-based format. In today’s online world, regulation needs to take a more innovative approach to client communication. Digital delivery that engages consumers, at the right moment in a personalised and customised way, will get us much closer to “making it easy” for individuals. Schroders is looking forward to contributing to the discussion on an EU strategy for retail investors, making rules and infrastructure fit for the challenges ahead.
Read full response

Schroders urges alignment of sustainability definitions with SFDR rules

6 Jul 2020
Topic — Integrating sustainability risks and preferences into investment firms' organizational requirements and operating conditions.
Message — Schroders wants to remove extra restrictions on sustainable products to match previous legislative agreements. They also propose conducting client sustainability assessments during regular annual reviews.12
Why — This would lower compliance burdens for smaller firms by avoiding unnecessary mandatory reporting requirements.3
Impact — Retail investors lose access to a wider range of products due to restrictive definitions.4
Read full response

Schroders urges EU to align ESG product rules with SFDR

6 Jul 2020
Topic — Integrating sustainability factors into EU financial product governance and oversight requirements.
Message — Schroders requests removing extra criteria for products promoting environmental or social characteristics. They argue the draft incorrectly adds sustainability requirements that conflict with existing laws. They also want rules to acknowledge that manufacturers often do not distribute products.123
Why — This prevents smaller investment firms from being forced into burdensome reporting requirements.4
Impact — Investors lose access to variety and face confusion from conflicting product definitions.56
Read full response

Schroders urges alignment and flexibility in sustainability reporting

6 Jul 2020
Topic — Integrating sustainability risks and factors into alternative investment fund management rules.
Message — Schroders wants the rules to follow principles of materiality and proportionality. They request permission to use qualitative descriptions instead of numbers due to a lack of reliable data.12
Why — These changes would lower compliance costs and prevent conflicts with their fiduciary duties to clients.34
Impact — Investors and watchdogs might receive less precise, non-standardized information about environmental and social impacts.56
Read full response

Schroders seeks alignment of investment rules with sustainability disclosures

6 Jul 2020
Topic — This consultation addresses the integration of sustainability risks into UCITS investment management frameworks.
Message — The firm requests aligning the directive with existing disclosure regulations, focusing on materiality. They advocate for qualitative reports until standardized data is available.12
Why — This prevents conflicts with legal duties and avoids reliance on low-quality information.34
Impact — Groups seeking immediate transparency lose access to hard numbers regarding environmental impacts.5
Read full response

Schroders backs international standards for flexible sustainability reporting

14 Feb 2020
Topic — The EU is reviewing rules on how companies disclose environmental and social performance.
Message — Schroders recommends adopting international standards to ensure reporting remains compatible across global markets. They suggest 'smart reporting' to avoid rigid rules that might stifle innovation. The firm emphasizes that reporting should cover social and governance factors, not just green activities.123
Why — Global alignment would simplify investment analysis and reduce duplicative reporting costs.4
Impact — Small firms risk losing access to capital if reporting standards are unfeasible.5
Read full response

Meeting with Andrea Beltramello (Cabinet of Vice-President Valdis Dombrovskis)

13 Nov 2019 · CMU, sustainable finance

Meeting with Andrea Beltramello (Cabinet of Vice-President Valdis Dombrovskis) and FTI Consulting Belgium

19 Mar 2019 · Sustainable Finance, CMU

Response to Amendments to the implementing rules on solvency applicable to insurers

19 Nov 2018

We would like to provide feedback to the suggested changes outlined in paragraphs 36 – 38 of the draft, describing an internal assessment of credit quality steps (CQS) for unrated (by ECAIs) bonds and loans. We welcome the changes, which allow the insurers to use a robust and prescribed rating methodology and better align the economic risks of an asset with its prudential treatment. We note that the current draft suggests two methods, which insurers can use to internally assess a credit quality step for a bond or a loan: 1. Internal assessment (Article 176a) This method substantially relies on certain requirements being put on the issuer as well as the certain financial ratios to be within prescribed boundaries. We note that, as drafted, the only CQSs that can be achieved under this methodology are either 2 (equivalent broadly to single-A rating) and 3 (equivalent broadly to BBB rating). Given that one of the drivers behind suggested changes is the intention to unlock more investments into funding Small and Medium Enterprises (SMEs), we feel that the rating methodology should be expanded, such that it covers the whole spectrum of CQS (ie from 0 to 6). This is predicated on the fact that by definition SME are small and growing entities, which are substantially unlikely to qualify for CQS 2 or 3. Giving insurers ability to ascribe internal rating to such investments across the rating spectrum would undoubtedly improve their investment and risk management process and ensure the alignment between economic and regulatory reality. 2. Assessment of credit quality steps based on an approved internal model (Article 176c). This route allows the insurer to use other party’s (who is a co-investor) approved internal model. The other party can be either a credit institution / investment firm or another insurer, in both cases using an approved internal model. Crucially there is a requirement for the co-investor to retain at least 50% of the nominal value of the bond or loan. We feel that this requirement will be difficult to fulfil in practice, as the co-investment proportion between institutions and insurers are closer to 5-10%/90-95% split, in the case of co-investment. Additionally we note that investment firms have often their own internal credit rating processes for unrated debt, which they invest into on behalf of their clients. We would suggest to allow insurers to use the ratings assessed by such investment firms’ models, provided that, for example, they fulfil the criteria prescribed in the paragraph 37 of the draft (Article 176b).
Read full response

Meeting with Andrea Beltramello (Cabinet of Vice-President Valdis Dombrovskis) and FTI Consulting Belgium

25 Oct 2018 · PRIIPs review

Schroders Urges Integrated ESG Definitions to Protect Choice

21 Jun 2018
Topic — Clarifying duties for institutional investors and asset managers regarding sustainability factor materiality.
Message — Schroders argues for an integrated approach to ESG factors instead of separating them into individual silos. They request adding "where relevant" to requirements to ensure they only apply when pertinent to investment advice. They also propose broadening the definition of good governance.123
Why — Broadening definitions prevents Schroders from being forced into restrictive, narrowly defined investment categories.4
Impact — Providers of specialized thematic funds may face competition from mainstream funds using broader definitions.5
Read full response

Meeting with Paulina Dejmek Hack (Cabinet of President Jean-Claude Juncker)

7 Jun 2018 · Sustainable Finance

Meeting with Andrea Beltramello (Cabinet of Vice-President Valdis Dombrovskis)

21 Mar 2018 · PRIIPs - ESAs review - Sustainable finance - PEPP

Meeting with Tatyana Panova (Cabinet of Vice-President Valdis Dombrovskis)

29 Mar 2017 · Fund Distribution, PEPP, CMU

Meeting with Jan Ceyssens (Cabinet of Vice-President Valdis Dombrovskis)

19 Apr 2016 · Capital Markets Union

Meeting with Lee Foulger (Cabinet of Vice-President Valdis Dombrovskis)

21 Jan 2016 · Markets in Financial Instruments Directive

Meeting with Marlene Madsen (Cabinet of Vice-President Jyrki Katainen)

13 Jan 2016 · CMU

Meeting with Lee Foulger (Cabinet of Vice-President Valdis Dombrovskis)

15 Jul 2015 · Asset Management