Firstly, the ageing of our population is relatively limited compared with countries like Italy and Spain. Secondly, some provision for public pensions is being made through building up the National Pension Reserve Fund by setting aside each year 1 per cent of Gross National Product.
However, despite the steps taken so far, we are aware that we are still in the “early age” of business conduct supervision. That is why FinCoNet meetings are important: we believe that comparing practices, sharing knowledge and experiences are essential to ensure financial consumer protection. The agenda of this two days meeting is very rich.