Good Practices for Financial Consumer Protection, 2017 Edition

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 use...

Full description

Bibliographic Details
Main Author: World Bank Group
Format: Economic & Sector Work
Language:English
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/492761513113437043/Good-practices-for-financial-consumer-protection-2017-edition
http://hdl.handle.net/10986/28996
id okr-10986-28996
recordtype oai_dc
spelling okr-10986-289962021-09-10T09:25:46Z Good Practices for Financial Consumer Protection, 2017 Edition World Bank Group CREDIT PRODUCTS FINANCIAL REGULATION DISCLOSURE TRANSPARENCY FAIR TREATMENT ACCOUNTABILITY BUSINESS CONDUCT INSURANCE PRIVATE PENSIONS PRIVACY SECURITIES DISPUTE RESOLUTION 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 use financial services, building trust in the formal financial sector, and contributing to healthy and competitive financial markets. The World Bank’s Good Practices for Financial Consumer Protection (the Good Practices) was developed in 2012 as a contribution to the emerging global set of tools on financial consumer protection. Since then, international guidance and country practices regarding financial consumer protection have substantially evolved. The 2017 Good Practices is designed to serve as a comprehensive reference and assessment tool for policymakers that consolidates the latest research, international guidance, and country examples. A thorough update of the previous edition, this guide expands upon priority areas such as supervisory techniques, effective disclosure, and digital finance, and also emphasizes the practical considerations and tradeoffs that policymakers face when implementing new policies and practices. 2017-12-13T19:27:02Z 2017-12-13T19:27:02Z 2017-12-12 http://documents.worldbank.org/curated/en/492761513113437043/Good-practices-for-financial-consumer-protection-2017-edition http://hdl.handle.net/10986/28996 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Financial Accountability Study
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CREDIT PRODUCTS
FINANCIAL REGULATION
DISCLOSURE
TRANSPARENCY
FAIR TREATMENT
ACCOUNTABILITY
BUSINESS CONDUCT
INSURANCE
PRIVATE PENSIONS
PRIVACY
SECURITIES
DISPUTE RESOLUTION
spellingShingle CREDIT PRODUCTS
FINANCIAL REGULATION
DISCLOSURE
TRANSPARENCY
FAIR TREATMENT
ACCOUNTABILITY
BUSINESS CONDUCT
INSURANCE
PRIVATE PENSIONS
PRIVACY
SECURITIES
DISPUTE RESOLUTION
World Bank Group
Good Practices for Financial Consumer Protection, 2017 Edition
description 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 use financial services, building trust in the formal financial sector, and contributing to healthy and competitive financial markets. The World Bank’s Good Practices for Financial Consumer Protection (the Good Practices) was developed in 2012 as a contribution to the emerging global set of tools on financial consumer protection. Since then, international guidance and country practices regarding financial consumer protection have substantially evolved. The 2017 Good Practices is designed to serve as a comprehensive reference and assessment tool for policymakers that consolidates the latest research, international guidance, and country examples. A thorough update of the previous edition, this guide expands upon priority areas such as supervisory techniques, effective disclosure, and digital finance, and also emphasizes the practical considerations and tradeoffs that policymakers face when implementing new policies and practices.
format Economic & Sector Work
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Good Practices for Financial Consumer Protection, 2017 Edition
title_short Good Practices for Financial Consumer Protection, 2017 Edition
title_full Good Practices for Financial Consumer Protection, 2017 Edition
title_fullStr Good Practices for Financial Consumer Protection, 2017 Edition
title_full_unstemmed Good Practices for Financial Consumer Protection, 2017 Edition
title_sort good practices for financial consumer protection, 2017 edition
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/492761513113437043/Good-practices-for-financial-consumer-protection-2017-edition
http://hdl.handle.net/10986/28996
_version_ 1764468225749286912