IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-4039-0737-0_7.html
   My bibliography  Save this book chapter

Protecting Consumers? Regulation of Financial Markets in Europe

In: Europe, Policies and People

Author

Listed:
  • Martin Sullivan

Abstract

The creation of a single market for retail financial services products in Europe was an important objective of the 1986 Single European Act. Given the range of activities involved and the differences that existed in national financial systems, this was always going to be a difficult objective to achieve. Although a considerable degree of integration had existed for some time in wholesale financial markets, the retail sector was characterised by segmentation along national lines, brought about by differing national histories, institutional structures and customs, and often by regulatory controls on cross-border activities. The result was that competition was restricted and consumer choice limited, with considerable national differentials prevailing in the prices charged for retail financial services such as motor insurance, home loans, consumer credit, foreign exchange drafts and many securities operations.

Suggested Citation

  • Martin Sullivan, 2002. "Protecting Consumers? Regulation of Financial Markets in Europe," Palgrave Macmillan Books, in: Sue Hatt & Frank Gardner & Jo Campling (ed.), Europe, Policies and People, chapter 7, pages 100-115, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-4039-0737-0_7
    DOI: 10.1057/9781403907370_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-4039-0737-0_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.