SMFSC Holds Multi-Stakeholder Dialogue to Strengthen a Safer Financial Investment Environment

The San Marino Financial Standard Council (SMFSC) held a series of dialogues with financial professionals and relevant stakeholders to support the creation of a safer and more constructive financial investment environment. As a financial self-regulatory association, SMFSC promotes voluntary standards that encourage responsible conduct, strengthen investor trust, and protect the health and integrity of the global financial system.

During the discussions, participants exchanged views on practical measures that can reduce misconduct risks and improve market confidence. Key themes included enhancing transparency in product and fee disclosures, strengthening transaction-security practices, improving governance and accountability frameworks, and promoting effective complaint-handling and incident response procedures. SMFSC also emphasized the importance of continuous improvement as market conditions, technology, and fraud patterns evolve.

SMFSC’s approach focuses on building a shared baseline of expectations that can be adopted across different platforms and business models. By engaging directly with industry practitioners, SMFSC aims to refine self-regulatory agreements so they remain operationally practical, measurable, and aligned with real-world risk management needs.

SMFSC will continue to expand engagement with market participants and will publish updates and guidance to support wider adoption of responsible standards. Through ongoing collaboration and standards development, SMFSC seeks to promote a more transparent, honest, and responsible investment ecosystem.