Worldbank Financial Consumer Protection Financial consumer protection. The 2017 good practices incorporates new approaches, research, and international guidance on financial consumer protection. it expands on priority areas, including supervisory techniques, effective disclosure, and fair business practices. emerging issues such as those related to digital channels, innovative products and business models, and new.
Pdf Consumer Protection And Financial Literacydocuments Worldbank Org Financial consumer protection is an increasing priority for policymakers around the world, as its own policy objective and as a contributing factor to the healthy development of the financial sector, financial inclusion, and broader economic growth. protecting consumers from abusive practices and enabling them to make well informed decisions. Financial consumer protection is an increasing priority for policymakers around the world, as its own policy objective and as a contributing factor to the healthy development of the financial sector, financial inclusion, and broader economic growth. protecting consumers from abusive practices and enabling them to make well informed decisions. The 2017 global ficp survey includes responses from 124 jurisdictions, representing 141 economies and over 90% of the world’s unbanked adult population. the survey covers regulated financial service providers offering retail credit, deposit, and or payment products and services. the reporting period for the survey covers november 2016 to june. 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 use financial services, building trust in the formal financial sector, and contributing to healthy and competitive financial markets. the world bank’s good practices.
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