As part of its Global Policy Initiative, Consultative Group to Assist the Poor (CGAP) partnered with the Superintendence of Banks, Insurance and AFPs of Peru in late 2008, with the purpose of enhancing the understanding of the issues and trends in consumer relations when financial services are...

In 2010, Australia introduced the Australian Consumer Law by its Trade Practices Amendment (Australian Consumer Law) Act (No. 2). The standard of consumer protection in the provision of financial services is considered in relation to this new legislation and also the further Australian federal...

Global financial crisis has intensively affected U.S. economy and global financial system. There are still many problems remain unsolved after the first shock of crisis such as effectiveness of policy measures, concerns on public interventions etc. This paper analyzes the relationship between...

This testimony addresses the proposal of the Obama Administration to create a new Consumer Financial Protection Agency (CFPA) which would have the authority to issue and enforce new regulations related to consumer lending products. This testimony criticizes the proposal on three grounds. First,...

The effects of legislation on the market place has always been a matter of great discussion since the market place structures are defined by laws. The paper seeks to confirm that the Capital Markets Amendment Act of 2013 will have a drastic effect on the market. With the twin problem of adverse...

The article questions the EU's regulatory response to blockchain based financial services by examining the existing consumer law within the context of the operation of cryptocurrency exchange platforms and Initial Coin Offerings (ICO).It is commonly believed that a rushed regulatory response to...