Financial Stability Board Consultation on Consumer Finance Protection With Focus on Credit

The Financial Stability Board ("FSB"), in collaboration with the Organisation for Economic Co-operation and Development ("OECD"), has published a report on consumer finance protection in relation to mortgages, credit cards and secured and unsecured loans.  The OECD has also published G-20 high-level financial consumer protection principles. The accompanying FSB press release confirms that the report has been endorsed by G-20 Finance Ministers and Central Bank governors at their meeting on 14 and 15 October 2011.

 

Originally Published: 
26/10/2011