The high-level principles are designed to assist G20 countries and other interested economies to enhance financial consumer protection. The principles complement and do not substitute any existing international principles and/or guidelines.
What is OECD INFE?
In 2008 the project was further enhanced through the creation of the International Network on Financial Education (OECD/INFE) to: Collect cross-comparable data and evidence. Develop methodologies to measure impact.
What is a high level principle?
adj (of conferences, talks, etc.) involving very important people. rights n. rules concerning what people are owed to or allowed of, according to ethical principles of freedom and applied in society.
What are the principles of consumer protection?
In the UN’s Assembly’s Resolution, called “The guiding principles in the consumer right protection,” eight basic rights of the consumer are highlighted: Right to Choice, Right to Safety, Right to be Heard, Right to Information, Right to consumer education, Right to satisfy the basic needs, Right to Quality, Right to …
What is national strategy for financial inclusion?
The National Strategy for Financial Inclusion 2019-2024 sets forth the vision and key objectives of the financial inclusion policies in India to help expand and sustain the financial inclusion process at the national level through a broad convergence of action involving all the stakeholders in the financial sector.
What is INFE?
The OECD and its International Network on Financial Education (INFE) support policy makers and public authorities to design and implement national strategies for financial education and individual financial education programmes, while also proposing innovative methods for enhancing financial literacy among the …
Which are the five principles of consumer protection policy in the EU?
EU Legislation The Council adopted its first special programme for consumer protection and information policy in 1975,9 where it defined five fundamental consumer rights: the right to protection of health and safety, the right to protection of economic interests, the right to claim for damages, the right to an …
What are 3 consumer protection laws?
In the United States a variety of laws at both the federal and state levels regulate consumer affairs. Among them are the Federal Food, Drug, and Cosmetic Act, Fair Debt Collection Practices Act, the Fair Credit Reporting Act, Truth in Lending Act, Fair Credit Billing Act, and the Gramm–Leach–Bliley Act.
What are the six pillars of financial inclusion?
Strategic objectives for financial inclusion: RBI identified six strategic objectives of a national strategy for financial inclusion: (i) universal access to financial services, (ii) providing basic bouquet of financial services, (iii) access to livelihood and skill development, (iv) financial literacy and education, ( …
What is FIP bank?
Financial Inclusion Plan is the RBI designed financial inclusion measures to be implemented by commercial banks to provide banking services in unbanked villages. Thus under FIP, banks can provide its services in any selected mode including opening of a branch, business correspondents etc.
Is the OECD an international organization?
The Organisation for Economic Co-operation and Development (OECD) is an international organisation that works to build better policies for better lives. Our goal is to shape policies that foster prosperity, equality, opportunity and well-being for all.
What are infectious diseases also known as?
Communicable diseases, also known as infectious diseases or transmissible diseases, are illnesses that result from the infection, presence and growth of pathogenic (capable of causing disease) biologic agents in an individual human or other animal host.
