Summary
This resolution aims to create a more integrated and competitive European market for retail financial services, including insurance. It focuses on reducing fragmentation, fostering fintech innovation, and enhancing consumer protection. 10 22.11.2016
Other
economy
social policy
business and competition
financial institutions and credit
information technology and data processing
Key points
- Reducing market fragmentation to allow easier cross-border financial services.
- Leveraging digitalization and fintech to drive innovation and competition.
- Enhancing consumer protection through transparency and standardized information documents.
- Ensuring financial inclusion by providing access via non-digital channels for vulnerable groups.
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