Segnalazione da DG Health & Consumers

Retail Investment Advice in the EU

In times of economic crisis, protecting investors through the regulation and supervision of the advice they get is all the more important.

The Commission's mystery shopping action checked on the provision of investment advice across the EU as regulated by the 'Markets in Finanical Instruments Directive' (MiFID).

Our mystery shoppers visited over 1200 investment advisors in the EU to see if they observed MiFID requirements for advice. They recorded situations where advisors recommended products not subject to MiFID, and explain, as far as possible, the reasons for unsuitable product recommendations.

Read the study.

Get more information on MiFID.

See the study on consumer decision-making in Retail Investment Services from a behavioural economics perspective.

These reports have been produced by outside contractors for DG Health and Consumers and represent their views on the matter. These views have not been adopted or in any way approved by the Commission and should not be relied upon as a statement of the Commission's or DG Health and Consumers' views. The Commission does not guarantee the accuracy of the data in these surveys and studies, nor does it accept responsibility for any use made thereof.