Financial education and consumer protection

The draft Recommendation presents a single, comprehensive, global standard on financial education and literacy to assist governments, other public authorities and relevant stakeholders in their effort to design, implement and evaluate financial education policies. It draws on existing OECD Recommendations on financial education and other policy instruments developed at the OECD for the G20 and APEC.

The joint report by the G20/OECD Task Force on Financial Consumer Protection, FinCoNet and the OECD International Network on Financial Education, based on a survey of the membership of the three bodies, suggests policy actions that can be applicable to the regulation and supervision of the products that consumers use to meet their short-term credit needs, and to financial education and awareness initiatives addressing credit.

23-24 May 2019, Cape Town, South Africa: The conference will focus on financial education of the future including the needs of different population age groups; how to improve consumers' financial behaviour; and the implications of digitalisation.