consumer protection

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Attempt to reform EU financial supervisory agencies keeps consumer protection sidelined

BEUC - PRESS STATEMENT - 20.09.2017 "The European Commission has today proposed a weak reform of the agencies1 that supervise financial services at European level. It is bewildering that the proposal still limits the agencies’ role in protecting consumers, which is mostly devolved to national level where protection standards vary enormously. The reform means the [...]

By | September 20th, 2017|Hot Topics, We Disseminate|Comments Off on Attempt to reform EU financial supervisory agencies keeps consumer protection sidelined

European Supervisory Authorities consult on Big Data – deadline 17 March

EBA information - available  here The Joint Committee of the European Supervisory Authorities (ESAs) launched today a public consultation about the potential benefits and risks of Big Data for consumers and financial firms to determine whether any further regulatory or supervisory actions may be needed. Big Data is a phenomenon linked to the ever increasing [...]

By | February 16th, 2017|Hot Topics|Comments Off on European Supervisory Authorities consult on Big Data – deadline 17 March

Conference on Personal Insolvency – European Parliament – 7 Dec 2016

© Union Européenne 2016 Personal Indebtedness, EFIN &ADLE Conference, THE PRESENTATIONS, 7th December, EU Parliament Personal Indebtedness in the EU EFIN and the ADLE group support MEP Sylvie Goulard initiative for this conference dedicated to EU initiative to treat and to prevent over-indebtedness. [...]

By | December 21st, 2016|Events, We Advocate, We Disseminate, We Research|Comments Off on Conference on Personal Insolvency – European Parliament – 7 Dec 2016

EBA – Innovative uses of consumer data

Innovative uses of consumer data by financial institutions: A financial regulator’s view Rita Bairros - Consumer Protection, Financial Innovation and Payments, EBA 7th December 2016, European Banking Authority-  Access the presentation here

By | December 7th, 2016|Events, Reading Room|Comments Off on EBA – Innovative uses of consumer data

BEUC RESPONSE to European Banking Authority Discussion Paper on future draft Regulatory Technical Standards on strong customer authentication and secure communication under the revised Payment Services Directive

2016 - BEUC RESPONSE to European Banking Authority Discussion Paper on future draft Regulatory Technical Standards on strong customer authentication and secure communication under the revised Payment Services Directive Security of payments is very important for consumers and payment service providers alike. We welcome the European Banking Authority (EBA) discussion paper on strong authentication and [...]

By | October 6th, 2016|Reading Room|Comments Off on BEUC RESPONSE to European Banking Authority Discussion Paper on future draft Regulatory Technical Standards on strong customer authentication and secure communication under the revised Payment Services Directive

Focus on a EU Commission position against Romanian consumers’ interest

...The reaction of BEUC, COFACE, Better Finance and the Romanian orgnaisation of financial services users. Romania is one of the very first country to have designed a "Datio In Solutum" rule to protect Romanian from abusive form of mortgages, in particular the one in foreign currencies. As you will discover in the letter joined in [...]

By | July 18th, 2016|Hot Topics|Comments Off on Focus on a EU Commission position against Romanian consumers’ interest

GREEN PAPER ON Retail Financial Services. BEUC response to the Commission consultation

BEUC response to the Commission consultation - 2016 BEUC welcomes the Commission’s Green Paper, aimed at improving consumer outcomes in the retail finance area. We acknowledge that retail finance markets are still largely national affairs and that price differences in Member States exist, suggesting potential benefits for more cross-border sales and competition. It is in [...]

By | March 6th, 2016|Reading Room|Comments Off on GREEN PAPER ON Retail Financial Services. BEUC response to the Commission consultation

Finance Watch response to DG FISMA consultation paper on the possible impact of the CRR and CRD IV on bank financing of the economy

October 2015 - Finance Watch response to DG FISMA consultation paper on the possible impact of the CRR and CRD IV on bank financing of the economy Finance Watch welcomes this consultation. We strongly support the objective of ensuring that the CRD IV / CRR package provides the right incentives and refocuses banks on their [...]

By | October 6th, 2015|Non classé, Reading Room|Comments Off on Finance Watch response to DG FISMA consultation paper on the possible impact of the CRR and CRD IV on bank financing of the economy

FSUG position on the “Study on means to protect consumers in financial difficulty”

2013 - FSUG Position paper on the "Study on means to protect consumers in financial difficulty: personal bankruptcy, datio in solutum of mortgages, and restrictions on debt collection abusive practices”. ... The FSUG supports most of the conclusions drawn by London Economics, but especially the followings: 1. As over-indebtedness has become more common, there has [...]

By | October 6th, 2013|Reading Room|Comments Off on FSUG position on the “Study on means to protect consumers in financial difficulty”

Study on means to protect consumers in financial difficulty: personal bankruptcy, datio in solutum of mortgages, and restrictions on debt collection abusive practices

December 2012 - London Economics Study on means to protect consumers in financial difficulty: personal  bankruptcy, datio in solutum of mortgages, and restrictions on debt collection  abusive practices Final Report - Contract No MARKT/2011/023/B2/ST/FC Access to the document

By | December 6th, 2012|Reading Room|Comments Off on Study on means to protect consumers in financial difficulty: personal bankruptcy, datio in solutum of mortgages, and restrictions on debt collection abusive practices