Seminar on the evolution of financial consumer protection and education in Asia

Co-hosted by the Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission of Hong Kong (SFC) and the OECD, with sponsorship from the Government of Japan, this seminar focused on key developments and challenges facing financial consumer protection and education in the region. Key themes addressed included: •Emerging frameworks for financial consumer protection and education in Asia •Disclosure and transparency in banking and securities: meeting the needs of retail consumers •Confidence in financial markets: the role of financial dispute resolution schemes •Responsible business conduct of financial service providers •Educating investors to balance risk and rewards This event brought together high-level government officials and experts from public authorities, including central banks and regulatory and supervisory authorities, ministries of finance and consumer and investor education bodies, as well as senior representatives from the private sector and academics from Asia. The seminar was followed by the Asia Financial Consumer Protection Roundtable in the afternoon of 14 December 2012.