Consumers for Fair Financial Services is the global
campaign to increase consumers' access to stable, fair and
competitive financial markets. Consumers International (CI),
working with its members around the world, is calling for new international
standards and guidelines that will result in real improvements
for consumers of financial services.
Consumers International has welcomed the G20 leaders' Cannes
declaration that endorsed a Financial Stability Board report on
consumer finance protection and the OECD high level principles on
financial consumer protection and called for guidelines to be
developed to implement the OECD principles, their full
implementation within the G20 and implementation reports to be
prepared for future summits.
CI has been actively engaged in the development of the OECD
guidelines and the FSB report through the development of our own
set of
recommendations to the G20, facilitating consultations with CI
members and responding to drafts of the documents.
CI has called for the OECD principles to be strengthened through
the development of detailed guidelines and assessments of how the
principles are implemented at the national level.
See the Background page for more about the issue,
and to find out what CI has been doing as part of the campaign.