Brussels, 28/01/2016 (Agence Europe) - The three European supervisory authorities in the banking (EBA), insurance (EIOPA) and financial markets (ESMA) sectors are calling for the regulatory differences governing the cross-selling financial products to be remedied “as a matter of urgency”.
Our work on cross-selling practices in the financial sector have flagged up “legal issues” which prevent us from “establishing the desirable degree of consumer protection” and “expose...