An Emphasis on Product Suitability
Our earlier post covered the second approach to consumer protection that was discussed in the IFMR Financial Systems Design Conference 2012. This post carries details of the third session that discussed a framework for consumer protection based on the principle of ‘Suitability’.
‘Suitability and Appropriateness’ Policies in India
As we move towards a financial market with increasing product complexity, information disclosures alone will not lead to improved customer outcomes.
Suitability and Disclosure: The case of Australia
Subsequent to our earlier post in the Consumer Protection series, this post covers conduct and disclosure obligations of Australian Financial Services (AFS) License holders for provision of advice to retail clients.
