Abstract
It can be said that the Global Financial Crisis of 2008 (“GFC”) emphasised the need for a more rapid and robust regulation of the financial services industry. Moreover, it emphasised that market conduct supervision and prudential regulation need to be supportive of one another and highlighted the importance of financial consumer protection. As a result, the G20 High Level Principles of Financial Consumer Protection (“G20”) policy document was issued by the Organisation for Economic Cooperation and Development (“OECD”) in 2011...
LL.M. (Commercial Law)