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Capacity building of end-users in Union policy making in financial services

On 15 June 2016 the Commission proposed a regulation to establish an EU programme to support two non-profit organisations, Finance Watch and Better Finance, for the 2017-2020 period. The overall budget of the programme will amount to a maximum €6 million during that period, with a maximum 60% co-funding rate.

At the end of 2011, the Commission launched a pilot project to provide support for the development of a financial expertise centre to the benefit of European end-users and other non-industry organisations, with the objective to enhance the latter’s capacity to participate in Union policymaking in the area of financial services. Through this pilot project and the subsequent preparatory action, the Commission awarded via open call for proposals operating grants to two Brussels-based non-profit entities, Finance Watch and Better Finance between 2012 and 2014 included. While the preparatory action was prolonged for 2015, the Commission launched an evaluation of these actions (pilot project and preparatory action) whose main findings and conclusions are disclosed in this Commission Staff Working Document.

Financial Services User Group (FSUG)

European Commission has set up a Financial Services User Group (FSUG). The group took over the tasks of two earlier groups, Forum of User Experts in the area of Financial Services (FIN-USE) and the Financial Services Consumer Group (FSCG).

Group of representatives of financial services employees (“UNI Europa”)

The Group aims at providing EU financial services employees with a communication channel with the European Commission, in order to get updated on the main developments on financial services regulation and to present their views on the financial services policy of the European Commission. The Group comprises representatives of the various national trade union organizations which are federated by “UNI Europa”. The latter is a European trade union federation which unites national trade unions active in service and crafts sectors in 50 different countries. With 320 affiliated trade union organisations, “UNI Europa” represents 7 million workers in key service sectors, including Financial services. “UNI Europa” is part of “UNI global union” whose headquarters are in Nyon (Switzerland). “UNI Europa" is based in Brussels. The European Commission holds bi-annual meetings with "UNI Europa” on key issues in financial services.

Meetings – agenda

Members – participants