Jamaica Consumer Protection and Financial Literacy

Jamaica Consumer Protection and Financial Literacy

This technical note is based on a mission conducted from April 24 to May 9, 2014 to Kingston and other parts of Jamaica. The mission also conducted a short mystery shopping exercise with the assistance of a representative from the national consumer...

Full description

Bibliographic Details
Main Authors: World Bank, International Monetary Fund
Format: Report
Language:English
en_US
Published: Washington, DC 2015
Subjects:
CONSUMER PROTECTION
FINANCIAL INSTITUTIONS
FINANCIAL LITERACY
FINANCIAL SECTOR
LEGISLATION
Online Access:http://documents.worldbank.org/curated/en/2015/05/24459224/jamaica-consumer-protection-financial-literacy-technical-note
http://hdl.handle.net/10986/21908
id okr-10986-21908
recordtype oai_dc
spelling okr-10986-219082021-04-23T14:04:05Z Jamaica Consumer Protection and Financial Literacy World Bank International Monetary Fund CONSUMER PROTECTION FINANCIAL INSTITUTIONS FINANCIAL LITERACY FINANCIAL SECTOR LEGISLATION This technical note is based on a mission conducted from April 24 to May 9, 2014 to Kingston and other parts of Jamaica. The mission also conducted a short mystery shopping exercise with the assistance of a representative from the national consumer’s league. Valuable comments on the draft note were provided by the Bank of Jamaica and the Financial Services Commission. The technical note consists of findings, issues and recommendations, and four annexes: annex one, existing structure for prudential and consumer protection supervision; annex two, current and revised legislation affecting financial consumer protection; annex three, comparison to world bank good practices on financial consumer protection; and annex four, national program of consumer protection and financial literacy, implementation plan components. The key recommendations present targeted measures that can be immediately implemented and will have a positive (and measurable) impact on public confidence in formal financial institutions. The focus of the technical note is on deposit-taking institutions although some aspects of others parts of the financial sector have been included. 2015-05-19T19:16:33Z 2015-05-19T19:16:33Z 2015-04 Report http://documents.worldbank.org/curated/en/2015/05/24459224/jamaica-consumer-protection-financial-literacy-technical-note http://hdl.handle.net/10986/21908 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work Economic & Sector Work :: Financial Sector Assessment Program (FSAP) Jamaica
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic CONSUMER PROTECTION
FINANCIAL INSTITUTIONS
FINANCIAL LITERACY
FINANCIAL SECTOR
LEGISLATION
spellingShingle CONSUMER PROTECTION
FINANCIAL INSTITUTIONS
FINANCIAL LITERACY
FINANCIAL SECTOR
LEGISLATION
World Bank
International Monetary Fund
Jamaica Consumer Protection and Financial Literacy
geographic_facet Jamaica
description This technical note is based on a mission conducted from April 24 to May 9, 2014 to Kingston and other parts of Jamaica. The mission also conducted a short mystery shopping exercise with the assistance of a representative from the national consumer’s league. Valuable comments on the draft note were provided by the Bank of Jamaica and the Financial Services Commission. The technical note consists of findings, issues and recommendations, and four annexes: annex one, existing structure for prudential and consumer protection supervision; annex two, current and revised legislation affecting financial consumer protection; annex three, comparison to world bank good practices on financial consumer protection; and annex four, national program of consumer protection and financial literacy, implementation plan components. The key recommendations present targeted measures that can be immediately implemented and will have a positive (and measurable) impact on public confidence in formal financial institutions. The focus of the technical note is on deposit-taking institutions although some aspects of others parts of the financial sector have been included.
format Report
author World Bank
International Monetary Fund
author_facet World Bank
International Monetary Fund
author_sort World Bank
title Jamaica Consumer Protection and Financial Literacy
title_short Jamaica Consumer Protection and Financial Literacy
title_full Jamaica Consumer Protection and Financial Literacy
title_fullStr Jamaica Consumer Protection and Financial Literacy
title_full_unstemmed Jamaica Consumer Protection and Financial Literacy
title_sort jamaica consumer protection and financial literacy
publisher Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/05/24459224/jamaica-consumer-protection-financial-literacy-technical-note
http://hdl.handle.net/10986/21908
_version_ 1764449708783173632

Similar Items