In a recently adopted opinion, the European Economic and Social Committee (EESC) welcomes the European Commission's proposal to amend the European System of Financial Supervision (ESFS) with the objective of better tackling money laundering and terrorist financing in the European banking and financial sector, but calls for more comprehensive measures. These issues are, in its view, becoming increasingly dangerous in terms of the stability, safety and reputation of financial institutions and the financial sector as a whole. Additional measures are therefore of the utmost importance.
You are here
Consumers - Related News
European business and consumer representatives united in a lukewarm welcome of the Commission's proposed New Deal for Consumers at the European Economic and Social Committee's plenary session on 20 September. Taking a position on the package, the Committee wondered whether the New Deal does in fact live up to its promise of making consumer legislation in Europe fit for the digital age. Focusing on the actual enforcement of existing consumer protection rules should have been a priority, in the EESC's view.
The EESC believes that the European Commission's Action Plan is a good basis but that additional measures are needed to tap the full potential of financial technology and to ensure certainty and protection for all market participants
How best to ensure online consumer protection: this was the focus of the 20th European Consumer Day, a joint event of the European Economic and Social Committee (EESC) and the Bulgarian Economic and Social Council held in Sofia on 20 March. The conference "The digital economy: what deal for consumers" was an opportunity for experts and policy-makers to discuss the new challenges to consumer protection posed by digitalisation from both a European and a national perspective.
On 20 March the European Economic and Social Committee (EESC) together with the Bulgarian Economic and Social Council will host its 20th European Consumer Day. The event will take place in Sofia this year.
The EESC acknowledges the Commission's Communication Tackling Illegal Content Online – Towards and enhanced responsibility of online platforms as a first and useful step but is not satisfied with its scope. It therefore calls on the Commission to establish programmes and effective measures to provide a stable and consistent legal framework for the efficient removal of illegal content.
How to boost consumer confidence in cross-border financial services was the main focus of the EESC's opinion on the European Commission's proposed Action Plan for consumer financial services. A key role for local retail banks, regulation of non-European Internet giants and simple, "flagship" products accessible across borders were the EESC's key recommendations to build consumer trust in the single market.
Creating a positive narrative for the EU, strengthening its economic foundations, fostering its social dimension, facilitating the transition towards a low-carbon and circular economy and empowering and involving Civil Society. These are the main messages of the contribution of the European Economic and Social Committee (EESC) to the European Commission's 2018 Work Programme. The EESC calls on the Commission to adopt sustainable development as an overarching ...
How to make sure that all Europeans can participate and financially benefit from the transition to a cleaner, climate-friendly energy system? How to enable EU citizens to reliably gain access to energy? How to protect the most vulnerable groups in our societies from being cut-off from heat, light and technology? Prosumers have the answers!
The EU has not delivered on its promise to abolish obstacles to the free movement of goods and services for consumers. The European Economic and Social Committee, Europe's voice for civil society, has delivered three key opinions on geo-blocking, roaming and parcel delivery – and concluded that Europe "can do better" in making the single market a reality for consumers ...