Professional paper

Consumer Protection of Financial Services in the European Union

Petar-Pierre Matek
Domagoj Poljak

Abstract

The global financial crisis of 2008 has caused tectonic shifts in the regulatory philosophy in the field of financial services. The EU has reacted by enacting a series of new rules and amendments to existing ones with the purpose of strengthening consumer protection. This paper analyses the theoretical and regulatory framework of consumer protection in the field of financial services, taking into account the stated official goal of building the internal market and the need to adjust for technological advances. It brings a critical overview of the legislation by placing it in a theoretical framework and assessing it as a body in evolution.

Keywords

consumer protection; financial services

Hrčak ID:

226664

URI

https://hrcak.srce.hr/226664

Publication date:

20.6.2019.

Article data in other languages: croatian

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