Financial competence framework for adults in the European Union

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Publication Date January 2022
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Summary:

The European Union (EU) and the OECD's International Network on Financial Education (OECD-INFE) published on 11 January 2022 a new financial competence framework for adults in the European Union.

Further information:

This framework aims to improve individuals’ financial skills so that they can make sound decisions regarding their personal finances. It will support the development of public policies, financial literacy programmes and educational materials by Member States, educational institutions and industry. It will also support the exchange of good practices by policy makers and stakeholders in the EU.

The publication of this framework follows up on the measures announced in Action 7 of the 2020 Capital Markets Union (CMU) action plan.
Source Link https://europa.eu/!UHCTMx
Alternative sources
  • https://www.oecd.org/daf/fin/financial-education/financial-competence-framework-for-adults-in-the-European-Union.pdf
  • https://ec.europa.eu/info/sites/default/files/business_economy_euro/banking_and_finance/documents/220111-financial-competence-framework-adults_en.pdf
Related Links
Official
European Commission: Publications: The Commission and OECD-INFE publish a joint framework for adults to improve individuals’ financial skills (11 January 2022) https://ec.europa.eu/info/publications/220111-financial-competence-framework_en
OECD: Finance: Financial competence framework for adults in the European Union (11 January 2022) https://www.oecd.org/finance/financial-competence-framework-for-adults-in-the-European-Union.htm
European Commission: Press Release, 11/01/2022: Financial literacy: Commission and OECD-INFE publish joint framework to improve individuals' financial skills https://ec.europa.eu/commission/presscorner/detail/en/ip_22_283
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