On Wednesday 18 March, with 45 votes in favour, 3 against and one abstention, MEPs on the European Parliament’s Committee on Economic and Monetary Affairs (ECON) approved an own-initiative report on financial education and the rise of ‘finfluencers’.
The text drafted by Lídia Pereira (EPP, Portuguese) stresses the shared responsibility of informing European citizens about financial matters and the need to regulate the dissemination of investment advice by influencers on social...