What’s on the table?
NFU is currently working with, or planning on replying to, the following consultations:
- Joint committee discussion paper on automation in financial advice
The three European Supervisory Authorities have together released a discussion paper on automation of financial advice. The fast and increasing digitalization in the financial market has resulted in a numerous growth in financial institutions offering automated tools when providing advice or recommendations to consumers. This could change the way of selling and buying financial products. The discussion paper highlights potential benefits and risks associated with this particular innovation. The deadline for the consultation is March 4, 2016.
- Retail financial services
The Green Paper focuses on financial services for ordinary consumer and aims to integrate this market across Europe. The consultation hopes to give information about how to improve choice, transparency and competition in retail financial services to the benefit of European consumers. The deadline for the consultation is March 18, 2016.
- EBA consultation on remuneration of sales staff
EBA’s aim with the draft guidelines is to provide a framework for financial institutions to implement remuneration policies and practices that will improve links between incentives and the fair treatment of consumers and reduce the risk of miss-selling. The deadline for the consultation is March 22, 2016.
- European Ombudsman public consultation on the transparency of trialogues
The European Ombudsman opened a strategic inquiry into the transparency of trialogues. The inquiry focuses on the transparency of trialogues, for example the extent to which documents tabled by the institutions during and after trialogues negotiations can and should be made proactively available, and at what point in time. The deadline for the consultation is March 31, 2016.
Susanne Lindberg, Forena, has been elected new Vice President of Nordic Financial Unions by the NFU Management Board, as they met in Stockholm on 20 March 2020.Read more
Are you a proactive and visionary leader with a strong commitment to trade union values? Do you thrive in a fast-paced and professional international setting? Then you might be the one we are looking for to be the next General Secretary for Nordic Financial Unions.Read more
NFU´s Policy Paper ´Making Headway to Sustainable Finance´ is putting forward the views of financial trade unions and finance sector employees in the sustainable finance discussionsRead more