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Financial Consumer Protection Regime in Malaysia: Assessment of the Legal and Regulatory Framework

Ahmed, H.; Ibrahim, I.R.

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Authors

I.R. Ibrahim



Abstract

This paper examines the status of the legal and regulatory framework for consumer protection in Malaysia, an emerging economy. Using leximetrics and notions of incomplete law, the paper explores the financial consumer protection regime in the country by examining two aspects of the legal framework: the legal infrastructure and typology of laws. The Malaysian legal framework for financial consumer protection is assessed in light of the good practices identified in international guidelines issued on the themes by OECD and the World Bank. The results highlight the complementary nature and different roles that laws, regulations, and supporting institutions play in achieving a comprehensive financial consumer protection framework in the country.

Citation

Ahmed, H., & Ibrahim, I. (2018). Financial Consumer Protection Regime in Malaysia: Assessment of the Legal and Regulatory Framework. Journal of Consumer Policy, 41(2), 159-175. https://doi.org/10.1007/s10603-018-9369-0

Journal Article Type Article
Acceptance Date Feb 4, 2018
Online Publication Date Mar 19, 2018
Publication Date Jun 1, 2018
Deposit Date Feb 5, 2018
Publicly Available Date Mar 29, 2024
Journal Journal of Consumer Policy
Print ISSN 0168-7034
Electronic ISSN 1573-0700
Publisher Springer
Peer Reviewed Peer Reviewed
Volume 41
Issue 2
Pages 159-175
DOI https://doi.org/10.1007/s10603-018-9369-0
Public URL https://durham-repository.worktribe.com/output/1335483

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Accepted Journal Article (634 Kb)
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Publisher Licence URL
http://creativecommons.org/licenses/by/4.0/

Copyright Statement
© The Author(s) 2018 Open Access This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.






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