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There is growing evidence that financially inclusive countries are more financially stable and exhibit better micro- and macro-economic conditions conducive to financial well-being of individual consumers. In order to produce significant economic and societal benefits, financial inclusion needs...
Persistent link: https://www.econbiz.de/10012644853
Over the past decade, financial consumer protection has become an increasingly mainstream priority for policymakers. A strong consumer protection regime is key to ensuring that expanded access to financial services benefits consumers, enabling them to make well-informed decisions on how best to...
Persistent link: https://www.econbiz.de/10012644871
Financial sector authorities increasingly prioritize financial inclusion and financial consumer protection, alongside existing priorities of stability and integrity. An enabling environment that facilitates competition, promotes innovation and the use of technology, addresses risks in a...
Persistent link: https://www.econbiz.de/10012645196
supervisory framework; ii) disclosure and sales practices; iii) fair treatment and business conduct; iv) data privacy; and v …
Persistent link: https://www.econbiz.de/10012645275
The objective of the diagnostic review of financial consumer protection in PNG was to assess the FCP legal and regulatory framework and industry practices relevant to key parts of the regulated PNG financial sector. The diagnostic specifically considers the banking, non-bank financial...
Persistent link: https://www.econbiz.de/10012645705
; ii) disclosure and sales practices; iii) fair treatment and business conduct; iv) data privacy; and v) dispute resolution …
Persistent link: https://www.econbiz.de/10012645787
business conduct; iv) data privacy; and v) dispute resolution mechanisms. While some sector-specific sections addressed issues … related to data privacy, this topic was primarily addressed as cross-sectoral issue, discussed in section 2 below. Each of the …
Persistent link: https://www.econbiz.de/10012247345
This Action Plan is based on the World Bank's Technical Note on Consumer Protection and Financial Literacy in Azerbaijan published in June 2009. The Action Plan focuses on the Legal and Regulatory Issues of the Technical Note's Key Findings and Recommendations, proposing specific actions for...
Persistent link: https://www.econbiz.de/10012247366
This study analyzes the impact of work of the World Bank in the areas of consumer protection in financial services and in improving financial literacy in the Czech Republic and Slovakia, the first two countries where the World Bank provided technical assistance in the areas of consumer...
Persistent link: https://www.econbiz.de/10012247369
Financial consumer protection sets clear rules of conduct for financial firms regarding their retail customers. It aims to ensure that consumers: 1) receive information to allow them to make informed decisions, 2) are not subject to unfair or deceptive practices, and 3) have access to recourse...
Persistent link: https://www.econbiz.de/10012248009