Consumer Protection Aspects of Financial Services
Inadequate consumer protection, especially in the U.S. mortgage market, not only led to considerable consumer detriment but was a major contributor to the global financial crisis. In the EU, mis-selling of financial products has also resulted in significant consumer harm. Considering the significant potential detriment that financial services can cause to individual consumers and to the Single Market, consumer protection policy needs to properly focus on this area. Improved transparency and better informed transactions resulting from such policy will lead to better solutions for consumers and greater market efficiency. A number of recommendations to strengthen consumer protection in the area of financial services are put forward in this study.
Проучване
Външен автор
Patrice Muller, Shaan Devnani, Richard Heys and James Suter (London Economics)
Относно настоящия документ
Вид публикация
Област на политиките
Ключова дума
- банкови такси
- банково право
- ЕВРОПЕЙСКИ СЪЮЗ
- единен пазар
- застраховане
- защита на потребителя
- изграждане на Европа
- икономическа дискриминация
- инвестиционна транзакция
- кредит за недвижимо имущество
- кредитна застраховка
- кредитна политика
- кредитни и финансови институции
- потребление
- права и свободи
- ПРАВО
- свободно движение на капитала
- ТЪРГОВИЯ
- ФИНАНСИ
- финансови услуги