Date: 12th October 2016
Author: BETTER FINANCE, BETTER FINANCE

BETTER FINANCE of course shares the view of MEP Sven Giegold that financial markets must serve consumers and end-users, and welcomes the European Parliament’s ECON Committee focus on the mis-selling of financial products. BETTER FINANCE experiences that the mis-selling of saving and investment products is a major issue of enforcement and supervision as several key EU regulatory provisions regarding retail investor and saver protection are not properly enforced, especially key MiFID ones