Consumer Protection on the Financial Market (2016)

2016-08-18 | Reports Consumer

One of the main goals of financial supervision is to help provide comprehensive protection for consumers. In its annual report, Consumer Protection on the Financial Market, Finansinspektionen (FI) presents the most prioritised areas of its consumer protection supervision as well as areas where consumer protection may need to be strengthened.

Three of the prioritised risks that FI is targeting are the risk that consumption loans will lead to over-indebtedness, the risk that consumers will receive advice about financial products that is not suitable based on their needs or circumstances and the risk that fund management companies will not provide a fair description of the focus and activity of their fund management.

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