Consumer protection and investment services: towards a new regulatory approach

Vittorio Conti
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Vittorio Conti: Commissario Consob

BANCARIA, 2012, vol. 09, 14-22

Abstract: The radical change, induced by the crisis, which is affecting the distribution has produced a greater supply of products and services to customers, stressing the importance of factors such as the growth in services revenues and the need to cut costs. In the new context, the supply of products must be based not only on sophisticated models, but also on the clear identification of customers’ needs and on the evaluation of their risk tolerance. The challenge for European and Italian regulators is high and a new approach is required

JEL-codes: G11 G18 G23 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ban:bancar:v:09:y:2012:m:september:p:14-22

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