(Source: EU Commission)
The European Commission has today launched a public consultation on the upcoming retail investment strategy, which is planned for adoption in early 2022, as announced in last year’s Capital Markets Union Action Plan. The Commission is seeking views on how to improve the EU’s existing retail investor protection framework. The aim is to ensure that retail investors, i.e. consumers wanting to invest their money, can take full advantage of the EU’s capital markets. The investor protection framework should create an environment of trust so that these consumers have the confidence to take advantage of the potential that capital markets offer. Mairead McGuinness, Commissioner for Financial Services, Financial Stability and Capital Markets Union, said: “People are at the heart of my vision for financial services. I want to establish a framework that empowers retail investors to take the right financial decisions, a framework they can trust because it gives them sufficient protection. By contributing to this public consultation, you can have your say on issues relevant to the development of an investor protection framework in the EU that helps unlock the potential of our capital markets and ensures that it delivers for retail investors.” The public consultation will run for 12 weeks. You can have your say here.