FinCoNet report reviews supervisory tools for suitable consumer lending practices
International Financial Consumer Protection Organization sets out responsible lending obligations in relation to a full suite of consumer credit products, with a focus on consumer protection. Identifies practices and initiatives that promote responsible lending in the consumer credit market. Emphasizes importance of supervisory and enforcement capabilities.
Publisher:
Others
Release date:
Jul 2014
Type:
Consultative, discussion and issues paper
Peer:
Guidance to Supervisors on Setting Standards for Sales Incentives and Responsible Lending, Impact of Sales Incentives on the Sale of Consumer Credit Products
Topics:
Conduct, Consumer education and protection, Transparency and disclosure, Corporate governance
Sectors:
Banking, Insurance, Pensions, Securities
|