Today, Alin Iacob, Chairman of the Association of Romanian Financial Services Users, vice chair of the EBA Banking Stakeholder Group and Board Member of BETTER FINANCE, participated in a Panel Discussion on Retail Conduct Supervision at the Joint ESAs Consumer Protection Day 2017. He brought the perspective from Central and Eastern Europe on this important issue for retail financial users.
Whereas European legislation related to the Single Market aims to bring equal rights and opportunities to consumers and investors, supervisory and enforcement convergence are often missing, as an unfortunate result of which retail users often suffer more abuse in Central and Eastern Member States of the EU.
Please find the full programme of the Joint ESAs Consumer Protection Day 2017 here.