In challenging economic times, financial consumer protection is more important than ever.
The G20/OECD High-Level Principles on #FinancialConsumerProtection are the intl standard for FCP. They are now updated, adopted by @OECD and endorsed by #G20
โน๏ธ https://t.co/jbSEPoznFe
"If employers donโt want to go down that road, there is a perfectly good alternative: pay staff a decent living wage and leave them to it." โฆ@sarahoconnor_โฉ brilliant conclusion to a great piece!
https://t.co/vQXoBvBmQM
Looking forward to participating in a panel next week about consumer vulnerability, and sharing how regulators are working to support and protect financial consumers experiencing vulnerability
@iamhurst I also submitted mine in 22 March 2019, does this mean my license is on its way too??? They don't even respond to my inquiries anymore ๐ญ๐ญ. How did you do it??
@jialanw i like how @moniquegoyens put it in a recent tweet: "if you want consumers to trust the (too) complex financial market, dont overinvest in disclosure, but simplify the offer." https://t.co/aVuROyw8zg
Thank you s omuch for having me on panel, we could have gone on for hours๐. My message:if you want consumers to trust the (too) complex financial market, dont overinvest in disclosure, but simplify the offer.Fully agree w/ Jekaterina that behavioural science is underexploited!
โThere is a difference between making a user platform easy to use and creating a user platform that feels like a video game, that doesnโt feel like Iโm taking a lot of risk"
@FT
https://t.co/0tFe9FeYZO
chipping away at regulators' overreliance on disclosure, one RCT at a time. @pauldadams@stefanhunt, great to see your paper out in the JFE!
https://t.co/dikrUU2Cat
@pauldadams@stefanhunt absolutely. i imagine you're familiar with this ASIC/AMF report? https://t.co/r82T2EuDh0 great synthesis of research demonstrating the limitations of disclosure, and how it can backfire