![The Luxembourg House of Finance, which houses ABBL, ALFI, Luxembourg for Finance, and other trade associations. Photo: Alexandre Prevot via Flickr CC-BY-2.0. The Luxembourg House of Finance, which houses ABBL, ALFI, Luxembourg for Finance, and other trade associations. Photo: Alexandre Prevot via Flickr CC-BY-2.0.](https://images.investmentofficer.com/cdn/ff/k5DPz812eYCmlDvP_unvGycM9AZBPa8MUTKd6J_SXrE/1720852919/public/styles/large/public/52822253265_9cfb80c5b5_k.jpg?itok=4oHNFi8_)
Luxembourg banking association ABBL on Monday said it sees the EU’s new retail investment plans as “controversial”, warning that the package that aims to prioritise consumer interests and strengthen investor protection “may have unintended consequences” and could distort the investment sector.
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