Main Components of Protecting Consumers of Financial Prod-ucts in Asian-Oceanic (APAC) Countries

Abstract

The article offers a general overview of basic components on protecting rights of consumers of financial products in the APAC countries, including 1) special legislation, 2) special (nonjudicial) authorities on resolving financial disputes, and 3) training population. After all, the focus was made on analyzing the protection of rights of consumers of financial products in four APAC countries – the USA, Malaysia, New Zealand and Singapore – in order to show tendencies and the best practices of each country under analysis.