Publications
AK position paper on the proposal of the European Commission on the amendment of the Prospectus Directive of 24.9.2009
[21-01-2010]
In Austria, thousands of small investors have lost their entire or a large part of their savings because of the financial crisis. These losses were also made possible by the fact that investors were not (or not adequately) informed about the high-risk character of the investments, even though the capital market prospectuses had listed all possible risks.
Policy Papers | Economic - Consumers
 | Main report |
AK position paper on food information to consumers
[08-10-2009]
A proposal on redrafting the Food Labelling Directive was introduced by the EU at the end of January 2008. The AK is sceptical. Examinations by the AK in the past have shown that consumers often regard food labelling as insufficient. Against this background, AK has assessed the submitted draft proposal.
Policy Papers | Consumers
| Main report |
AK position paper on the Commission‘s consultation on the review of the Prospectus Directive
[02-04-2009]
The AK suggests improving information given to investors. In Austria, thousands of small investors have lost their entire or a major part of their savings because of the financial crisis. Their losses were also caused by the fact that investors had not (or not adequately) been informed about the degree of risk involved in their investments, although the capital markets brochures had listed all sorts of possible risks.
Policy Papers | Consumers - Economic
| Main report |
AK position on the Proposal for a Directive on Consumer Rights
[27-11-2008]
AK urgently warns that a model for merging different EU consumer protection provisions based on full harmonisation would substantially lower the level of consumer protection at national level. For example the draft directive would bring a dramatic change for the worse as regards unfair contract terms. The objective of strengthening EU consumer protection is unsatisfactorily met with the proposed directive, needed efforts to update EU consumer protection are too little in evidence.
Policy Papers | Consumers
| Main report |
Green Paper on Retail Financial Services in the Single Market
[18-09-2007]
AK EUROPA demands clear, transparent and unambigious information
Policy Papers | Consumers
| Main report |
