The Mechanism of Legal Protection of Financial Services Consumers

Lyudmila Yu. Ryzhanovskaya ()
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Lyudmila Yu. Ryzhanovskaya: Financial Research Institute, Moscow 127006, Russia

Finansovyj žhurnal — Financial Journal, 2013, issue 1, 51-58

Abstract: The one of the reason of the maintaining inequalities and poverty in the world is the inability to obtain access/lack of access to financial services. It requires the set of regulatory measures to provide the opportunity to access to financial services to all population groups. The forming of the protection mechanism of low-income consumers is the one of the measures. The analysis of the constituent elements of such a mechanism is presented in this article.

Keywords: financial services; expanding access to financial services; protection of consumer rights; responsible financing (search for similar items in EconPapers)
JEL-codes: G20 G21 G22 G23 K10 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:130106:p:51-58

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