Green paper could shake up retail financial services


The green paper follows the EC's 2005 white paper on financial services and the results of the retail banking sector enquiry completed earlier this year. The paper sets out the EC's objectives for the retail sector and its aim to "deepen the EC's understanding of the problems faced by the consumer in this area" through the consultation process.

"We want to create a real single market for retail financial services and bring a range of tangible benefits to European consumers," said Charlie McCr

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