To prevent consumers from financial stress or being harmed by unaffordable credit contracts, the regulation will enforce credit licensees to comply with responsible lending conduct obligations.

Agencies overseeing consumer financial affairs, wealth managers, and commodity traders all seem to be scaling back oversight ...

Without sufficient regulation, they may face unfair terms or additional costs hidden in financial products, and their sensitive information and personal data could be mishandled and exposed.

The European Union will shortly announce its plans for implementing the part of the Basel III regulations that governs banks’ ...