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Responsible Finance Forum IV – Consumer Protection in Emerging Insurance Markets
On June 24th and 25th, the German Federal Ministry for Economic Cooperation and Development (BMZ) and the Federal Financial Supervisory Authority (BaFin) will host the Responsible Finance Forum IV on the topic of Consumer Protection in Emerging Insurance Markets. The event is organized in partnership with the Access to Insurance Initiative (A2ii), the Consultative Group to Assist the Poor (CGAP), the International Association of Insurance Supervisors (IAIS), the International Finance Corporation (IFC), the International Labour Office (ILO), the Microinsurance Network, the Ministry of Foreign Affairs of the Netherlands, and the Munich Re Foundation.
The Responsible Finance Forum is a Community of Practice (CoP) for knowledge exchange and consensus building around the topic of Responsible Finance. The CoP gathers a growing number of development institutions and financial sector stakeholders and has a common understanding of responsible finance, which includes three pillars: financial consumer protection regulation, industry self-regulation and the enhancement of consumer capabilities.