Financial Consumer Protection Regime in Malaysia: Assessment of the Legal and Regulatory Framework

Habib Ahmed () and Ili Rahilah Ibrahim ()
Additional contact information
Habib Ahmed: Durham University
Ili Rahilah Ibrahim: Zaid Ibrahim & Co
Authors registered in the RePEc Author Service: Habib Ahmed () and Ahmed Mohamed Habib ()

Journal of Consumer Policy, 2018, vol. 41, issue 2, No 4, 159-175

Abstract: Abstract This paper examines the status of the legal and regulatory framework for consumer protection in Malaysia, an emerging economy. Using leximetrics and notions of incomplete law, the paper explores the financial consumer protection regime in the country by examining two aspects of the legal framework: the legal infrastructure and typology of laws. The Malaysian legal framework for financial consumer protection is assessed in light of the good practices identified in international guidelines issued on the themes by OECD and the World Bank. The results highlight the complementary nature and different roles that laws, regulations, and supporting institutions play in achieving a comprehensive financial consumer protection framework in the country.

Keywords: Financial consumer protection; Malaysia; Leximetrics; OECD guidelines for good practices (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://link.springer.com/10.1007/s10603-018-9369-0 Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:jcopol:v:41:y:2018:i:2:d:10.1007_s10603-018-9369-0

Ordering information: This journal article can be ordered from
http://www.springer. ... es/journal/10603/PS2

DOI: 10.1007/s10603-018-9369-0

Access Statistics for this article

Journal of Consumer Policy is currently edited by Hans Micklitz, John Thøgersen, Lucia A. Reisch, Alan Mathios and Christian Twigg-Flesner

More articles in Journal of Consumer Policy from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().