Retail services are key for the EU economy. As the EU Commission report, “they account for 11.1% of the EU’s GDP and provide around 33 million jobs (almost 15% of total employment in the EU). Over 6 million companies in the retail sector act as intermediaries between thousands of product suppliers and millions of consumers. E-commerce has increased the potential market for retailers and the scope of products available to consumers”. With the rise of the internet, the next legislation regarding retail services must make sure that SMEs and the public interest will be protected.
- 28 March 2018Finance Watch Policy brief on Remittances
- 20 October 2017 Consultation response on the REFIT review of the EU Directive on motor insurance
- 13 October 2017 Finance Watch response to the ESMA Consultation Paper on suitability requirements guidelines under MiFID II