External authors
Book/Special report
Articles published during the Bruegel/Korea Institute of Finance project on ‘EU-Korea policy responses to the global financial and economic crisis and the scope for internationalisation of the financial services industry’
Blog Post
The US government established the Consumer Financial Protection Bureau (CFPB) in 2011 as an independent agency accountable to Congress. Despite political pressures, the CFPB has taken various initiatives to enhance consumer protection in financial services. The case is a useful guide to the Korean government in terms of setting optimal level of roles and obligations in establishing an equivalent institution, while reducing uncertainty for financial firms by providing timely information on regulatory changes.
