Financial Competence Framework
From Open Risk Manual
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Definition
A Financial Competence Framework is a conceptual basis on which to build a variety of financial education policies and measures towards improving Financial Literacy[1]
Objectives
A competence framework aim to provide a set of outcome-based competences that can be used to:
- support the development, implementation and update of national financial literacy strategies.
- support the design of Financial Education programmes and the development of financial education learning materials and tools.
- facilitate the assessment of financial literacy levels and the evaluation of financial literacy initiatives.
References
- ↑ “European Union/OECD (2022), Financial competence framework for adults in the European Union
