Financial literacy and the rise of finfluencers in the context of the savings and investments union

This initiative calls for improving financial literacy among citizens, particularly concerning the growing influence of 'finfluencers' on savings and investment decisions. It highlights the need for better understanding of financial products and risks in the context of the savings and investments union.

The procedure aims to protect consumers from potential risks associated with online financial advice. It seeks to ensure individuals can make informed investment choices, contributing to a more stable and inclusive financial market.