Online and mobile banking
Ensuring Fair, Transparent, and Competitive Financial Markets Across the European Union
The Directorate-General for Competition (DG Competition) of the European Commission is responsible for enforcing the European Union’s antitrust and competition laws.
Its mission is to promote fair competition, transparency, and equal opportunity within the EU’s Single Market, ensuring that businesses compete on merit and innovation — not through unfair or monopolistic practices.
Neo Finance fully supports DG Competition’s goals and operates in accordance with EU competition principles.
Our commitment to transparency, integrity, and market fairness aligns with the EU’s broader vision of a secure, efficient, and trustworthy financial ecosystem.
DG Competition plays a crucial role in maintaining a level playing field across the European Union’s economic landscape. Its key responsibilities include:
Through these activities, DG Competition protects consumers, encourages economic innovation, and ensures that markets remain open, competitive, and resilient.
As a responsible European financial institution, Neo Finance integrates EU competition principles into its operations, governance, and partnerships.
Our collaboration with DG Competition reflects our shared mission to maintain fair, transparent, and compliant business practices across all markets.
Neo Finance ensures that all products, partnerships, and pricing models adhere to EU competition law. We strictly prohibit any activity that could lead to market manipulation, collusion, or unfair advantage in financial services. This includes maintaining transparency in our pricing, investment products, and digital platform access.
We conduct regular internal reviews to assess compliance with Articles 101 and 102 of the Treaty on the Functioning of the European Union (TFEU), which prohibit anti-competitive agreements and abuse of dominant market positions. Our policies ensure that Neo Finance acts as a neutral, transparent market participant serving clients, not competitors.
Neo Finance supports DG Competition’s initiatives by: Sharing market insights related to financial technology, payment systems, and digital competition trends. Participating in industry consultations and compliance dialogues with European regulators. Cooperating with competent authorities if potential anti-competitive risks are identified within the market.
Our Code of Conduct and internal compliance framework are designed to uphold ethical behavior, anti-bribery, and anti-corruption standards in line with EU expectations. Employees receive regular training on: The basics of EU competition law. Recognizing and preventing market manipulation. Maintaining confidentiality in data exchange and industry discussions.
Neo Finance supports DG Competition’s digital and financial innovation agenda, ensuring that new technologies — such as open banking, AI-driven risk management, and blockchain-based payment systems — are implemented fairly, securely, and inclusively. This guarantees that innovation benefits consumers, businesses, and governments equally, fostering a sustainable European digital economy.
A strong, competitive financial market is essential for consumer protection, innovation, and economic stability.
The partnership between Neo Finance and DG Competition helps ensure that:
| Objective | Outcome |
|---|---|
| Prevent monopolistic or collusive behavior | Encourages open competition and innovation |
| Maintain transparency in financial products | Builds consumer trust and confidence |
| Align business practices with EU law | Ensures compliance and market fairness |
| Promote sustainable competition | Supports long-term economic growth and digital development |
By working in alignment with DG Competition, Neo Finance reinforces its reputation as a trusted, ethical, and transparent financial partner within the European Union.
Neo Finance and DG Competition share a common goal — a European marketplace where fairness and innovation coexist.
Together, we support a financial system that:
This partnership underscores our dedication to ensuring that every Neo Finance product and service contributes to a fair, balanced, and competitive European economy.
