Regulating financial products: Product governance and product intervention as new solutions to old problems KU Leuven
Traditionally, the EU regulator has aimed at achieving a high level of customer protection in the financial sector with conduct of business rules for distributors of financial products. In recent years, however, it has increasingly complemented this strategy with product regulation, such as product bans and restrictions (“product interventions”) and product requirements (“product governance”). These rules govern the design, testing, ...