BETA

1 Amendments of Louis GRECH related to 2011/2272(INI)

Amendment 109 #
Motion for a resolution
Paragraph 13 a (new)
13a. Highlights the fact that advertisements for financial investment products often fail to sufficiently explain their underlying risks and overemphasise possible benefits that often fail to materialise, thereby exposing consumers of financial services products to loss of their capital; calls on the European Commission to introduce stricter advertising standards for sophisticated financial products aimed at retail investors who may not have a good understanding of financial risk, including the requirement to explicitly state any losses that the investor may incur.
2012/03/14
Committee: IMCO