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.
Štúdia
Externý autor
Patrice Muller, Shaan Devnani, Richard Heys and James Suter (London Economics)
O tomto dokumente
Typ publikácie
Oblasť politiky
Kľúčové slovo
- bankové poplatky
- bankové právo
- budovanie Európy
- EURÓPSKA ÚNIA
- FINANCIE
- finančné služby
- hospodárska diskriminácia
- hypotekárny úver
- investičná transakcia
- menové a finančné inštitúcie
- OBCHOD
- ochrana spotrebiteľa
- poistenie
- poistenie úverov
- práva a slobody
- PRÁVO
- spotreba
- vnútorný trh
- voľný pohyb kapitálu
- úverová politika