The European Commission is launching two initiatives to strengthen financial literacy and improve the quality of relevant actions across the European Union.
The initiatives are part of the EU's Financial Literacy Strategy and aim to highlight good practices and set rules for organisations active in this field.
Invitation to successful initiatives
The first action concerns the submission of existing financial literacy programmes, with the aim of identifying and gathering best practices from across the EU.
Individuals and organisations have until 30 October 2026 to submit information on projects concerning:
investments
saving
understanding financial risks
The European Commission will assess the submissions against three pre-defined criteria, seeking to identify the common characteristics and factors that contributed to the success of the programmes.
The results will be included in a summary report. Member States will then select the practices to be discussed at the end of 2026 by the subgroup of the Government Expert Group on Retail Financial Services (GEGRFS).
Voluntary European Code of Conduct
The second initiative concerns the creation of a voluntary European Code of Conduct for private and not-for-profit organisations promoting financial literacy.
The Commission is looking for interested parties to participate in a roundtable discussion, which will contribute to the drafting of the code.
The aim is the relevant actions:
have clear and transparent objectives
provide accurate and unbiased content
include safeguards to limit conflicts of interest
The call for expressions of interest will remain open until 16 September 2026.
Those selected will participate in a series of meetings to prepare the code, which is expected to be adopted in the first quarter of 2027.
provide accurate and unbiased content
include safeguards to limit conflicts of interest
The call for expressions of interest will remain open until 16 September 2026.
Those selected will participate in a series of meetings to prepare the code, which is expected to be adopted in the first quarter of 2027.
