Eiopa president calls for 'paradigm shift' in consumer protection

Gabriel Bernardino

Eiopa president Gabriel Bernardino called for a “paradigm shift” to restore confidence in Europe’s financial services sector at the regulator’s first consumer strategy day.

In his keynote speech, Bernardino said that during the financial crisis supervisors had let consumers down by failing to address problems early enough.

It is important to question whether policy tools

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