Sunday, June 30, 2019

Sebon to host international conference on financial consumer protection

The capital market regulator is organising a two-day ‘Conference and Roundtable on Financial Consumer Protection and Education in Asia Pacific’.
The Securities Board of Nepal (Sebon) in collaboration with International Network on Financial Education (INFE) under the Organisation for Economic Co-operation and Development (OECD) is organising the conference that will discuss on the measures to promote financial literacy in developed and developing countries, financial inclusion, consumer protection and demographic changes, executive chairman of Sebon Dr Rewat Bahadur Karki said at a press meet today.
The conference and roundtable will help in identifying challenges and opportunities for Nepal on financial inclusion, he said, adding that the event will provide an opportunity for the country to develop the relationship with regulatory agencies of other countries and forge relationship with them in the future for regulatory cooperation. “A total of 125 participants including 40 foreign delegates representing regulatory bodies and other organizations from the financial sector including OECD, Securities and Exchange Board of India, and Australian Securities and Investments Commission are joining the conference and roundtable.”
According to the organiser, the conference will hold roundtable – on the second day – with representatives of central banks, Sebon, Beema Samiti, and other regulatory bodies to discuss financial consumer protection. The conference and roundtable is scheduled to be inaugurated by finance minister Dr Yuba Raj Khatiwada.
The Sebon has acquired the full membership of the OECD’s INFE in January. The OECD/INFE with 86 organisations from 64 countries as full members and 172 organizations from 95 countries as regular members promotes and facilitates international co-operation between policy makers and other stakeholders on issues related financial education worldwide.

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