Protection policy for users of financial services. Conceptual basis

  • Adrián Zelaia Ulibarri Ekai Center
Keywords: financial crisis, financial services, consumer protection, over financing

Abstract

The financial crisis has highlighted critical gaps in the protection of financial services users, both as depositors/investors as well as lenders. While the need to protect financial services users has become vital as a result of the financial crisis, lack of political action during the first three years of the crisis has caused certain scepticism. In-depth reflection is urgently needed on how to proceed with the over financing accumulated by families and firms to ensure a progressive reduction of the «systemic» risk in the least drastic manner possible.

Received: 28 February 2011
Accepted: 29 March 2011
Published online: 18 December 2015

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Author Biography

Adrián Zelaia Ulibarri, Ekai Center
Presidente de Ekai Center, Innovating Public Policy.
Published
2011-12-31
How to Cite
Zelaia Ulibarri, Adrián. 2011. “Protection Policy for Users of Financial Services. Conceptual Basis”. International Association of Cooperative Law Journal, no. 45 (December), 121-32. https://doi.org/10.18543/baidc-45-2011pp121-132.