An International Comparison of Financial Consumer Protection
This book explores consumer protection in the major financial markets in the world and provides an international comparison among the countries of different cultural background and economic development. Each chapter describes the major issues of financial
- PDF / 7,456,464 Bytes
- 407 Pages / 453.543 x 683.15 pts Page_size
- 98 Downloads / 276 Views
An International Comparison of Financial Consumer Protection
An International Comparison of Financial Consumer Protection
Tsai-Jyh Chen Editor
An International Comparison of Financial Consumer Protection
123
Editor Tsai-Jyh Chen Department of Risk Management and Insurance National Chengchi University Taipei Taiwan
ISBN 978-981-10-8440-9 ISBN 978-981-10-8441-6 https://doi.org/10.1007/978-981-10-8441-6
(eBook)
Library of Congress Control Number: 2018939140 © Springer Nature Singapore Pte Ltd. 2018 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Printed on acid-free paper This Springer imprint is published by the registered company Springer Nature Singapore Pte Ltd. The registered company address is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, Singapore
Preface
Financial consumer protection has been an important issue for the modern society where people cannot live without financial products and services, such as mortgage and insurance. The development of financial market has made a great contribution to the quality of life and the economic growth of a society. On the other hand, being strongly dependent on financial services may drive people into a disaster when the financial industries run out of order. The suffering experience of the financial crisis of 2008 has called for the advocacy of financial consumer protection. Consumer protection traditionally is a local issue because of the societal differences in each country. However, financial consumer protection involves both international and domestic factors. Due to the globalization and liberalization of financial services, the systemic risk caused by one financial institution in one country may influence the consumers in other countries because the regulations and business practices in the domestic market must change frequently to keep up with the international trend. Therefore, communication an
Data Loading...
