In sync with new technologies, to improve the level of public awareness related to the non-banking financial sector and to protect consumers of financial products and services, the Financial Supervision Commission (FSC) in December last year launched the digital campaign #invest safely. Increasing financial literacy in the field of safe investing remains among the leading chief goals of the FSC, which continues its initiative to popularize the campaign during the World Money Week (March 21-27).
Experts from the Financial Supervision Commission, in partnership with industry organizations, represented by the Bulgarian Association of Licensed Investment Brokers and the Investor Compensation Fund, will present to students a series of public lectures under the title “Investment Security in the Digital World”, dedicated to the protection of investors, the recognition of legitimate investment firms and the functioning of the capital market.
The initiative marks the beginning of meetings between experts and students, within the framework of the first event, with graduates of one of the most authoritative and largest business universities in Bulgaria – the University of National and World Economy. The main objective of the #invest safely – campaign will be presented to the audience to meet the needs of society with up-to-date information regarding the areas regulated by the Financial Supervision Commission in the non-banking financial sector – capital markets, insurance and pension insurance.
“Our participation in the World Money Week and our partnership with higher education institutions, within whose reach are the economic professionals in the country, is one of the steps in the strategy of our commitment to increase financial literacy among young people. Our vision is also to position Bulgaria among European countries whose young people have basic preparation for their meeting with the world of investments, in the conditions of a digitized non-banking financial sector”, said Mr. Boyko Atanasov, Chair of the Financial Supervision Commission
Within the educational initiative of the Financial Supervision Commission, future economists from 5 leading universities in the country – UNWE, Faculty of Economics of Sofia University, AUBG, VUZF and EU-Varna will acquire key competencies for investing in the capital markets and protecting against financial fraud through the digital events specially organized for them.
On the website https://investsafely.fsc.bg/, and YouTube in the LinkedIn channels of #investsafely, anyone interested can find useful tips and be introduced to investing, through news, video content and a list of licensed investment firms.
On the occasion of World Money Week, FSC experts will take part as guest speakers in the events “From Zero To Fintech”, organized by the Bulgarian Fintech Association and the webinar on “Security of digital financial instruments: Pay safely on the Internet!” initiated by Junior Achievement. They will also contribute as part of the jury of the “My Business” competitions – for the youngest and financial #LIFEHACK – for adolescents in high school.