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31.07.2013 14:25 Age: 4 yrs
Category: Position papers

EuroFinUse expresses concerns regarding the European System of Financial Supervision


The European Federation of Financial Services Users acknowledges that the new European System of Financial Supervision set up is certainly a great improvement from the previous coordination of national supervisors through European committees.

However, retail users are disappointed by the results of the first three years of operation of the new ESFS. EuroFinUse believes that the new legal provisions of the ESAs and ESRB which are most relevant to retail user protection, have been unused or even worse, have been violated.

Position paper


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