International Developments In Consumer Financial Services Law 2007-2008

摘要

Consumers worldwide face much uncertainty and anxiety in the midst of the global economic crisis. In Europe, there is a trend toward innovation, unification, and consumer protection in many areas of consumer financial services law. In the United States, there continues to be a hodgepodge of federal and state consumer protection statutes, judicial decisions, and regulatory actions.94 One of the challenges that the economic crisis holds is how both federal and state regulators in the United States can work with, and learn from, other countries in implementing long-term global policies to balance the interests of consumers and financial institutions.