Offers From Non Financial Entities
From Open Risk Manual
Definition
Offers From Non Financial Entities. In the context of the Financial Competence Framework, Offers From Non Financial Entities is a topic in the Financial Landscape subject matter domain.[1]
Competences
Mastering the role of Offers From Non Financial Entities in financial literacy context requires the following competences:
| Code | Competency Description | Competency Type |
|---|---|---|
| 494 | Aware that some financial products such as savings, credit, pensions or insurance (depending on national circumstances) may be offered through non-financial organisations such as employers, shops, religious groups, leisure clubs and non-financial companies | Knowledge |
| 495 | Aware of the potential risks of using financial products offered by non-financial organisations and ways of reducing these if necessary | Knowledge |
| 496 | Takes note of relevant financial products and services offered through non-financial organisations and makes an informed decision about their suitability | Skill |
References
- ↑ European Union/OECD (2022), Financial competence framework for adults in the European Union
