Abstract
This short article, written by the President of the IAFICO, reviews philosophical rationales of financial consumer protection (FCP) and its past and future in general. After introducing five different perspectives of the FCP, the author makes a comment on the evolution of the FCP to emphasize the importance of strengthening traditional way of FCP in spite of new technological development. Although technological advancement may reduce the need of FCP to some degree, the new wave of FCP cannot succeed without accomplishing the existing FCP system.
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