Financial Education - Recent European Commission and OECD reports focus on the crisis and the consumer and his lack of knowledge. The OECD and the European Commission have focused a lot of their efforts in analysing the crisis from the viewpoint of an irresponsible illiterate consumer. The reports are attached below however, there is in our view too little from them critisizing the other side. Where are the reports showing the irresponsible lending practices from the banks, or the education which bankers (and regulators) need to receive? Below the reports from the OECD’s Recommendation on Good Practices on Financial Education and Awareness Relating to Credit, and the EU Financial Education expert group. ID: 44097 Author(s): iff Publication date: 19/08/09     OECD FinancialLiteracy&ConsumerProtection - overlooked aspects of the crisis (July 2009) (4351982 Bytes) EC Expert Group on Financial Education - Report of 2nd Meeting & comments on financial crisis (April 2009) (34952 Bytes) URL(s): www.financial-education.org

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Created: 19/08/09. Last changed: 19/08/09.
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