View source for Specific Risks Of Digital Products And Services

== Definition ==
'''Specific Risks Of Digital Products And Services'''. In the context of the [[Financial Competence Framework]], ''Specific Risks Of Digital Products And Services'' is a topic in the [[:Category:Risk And Reward | Risk And Reward]] subject matter domain.<ref>European Union/OECD (2022), Financial competence framework for adults in the European Union</ref>

== Competences ==
Mastering the role of Specific Risks Of Digital Products And Services in financial literacy context requires the following competences:

{| class="wikitable sortable"
|-
! Code !! Competency Description !! Competency Type
|-
| 369 || Aware of the specific risks related to digital financial products and services, such as mobile banking and lending, investing, borrowing via peer-to-peer platforms || Knowledge
|-
| 370 || Aware that some digital financial products and services (such as crypto-assets or initial coin offerings) are riskier than established financial products because they are less regulated or even unregulated || Knowledge
|-
| 371 || Pays particular attention to risks related to financial products based on emerging technologies, such as blockchain-based financial products (crypto-assets, initial coin offerings, etc.)  || Skill
|}

== References ==
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[[Category:Risk And Reward | Risk And Reward]]