Consumer advocates urge financial regulators to share more data

Bafin neglecting consumers, conference speakers say

pamela meadows
Pamela Meadows addresses the IIF conference

Financial conduct and prudential regulators must find a better way to balance confidentiality rules with consumer protection, consumer advocates and academics said at a conference in Hamburg on May 7.

Speaking at the annual regulatory gathering of Institut für Finanzdienstleistungen (IIF), a financial research and consumer protection body, Pamela Meadows, a member of the UK's Financial Services Consumer Panel and the country's Payment Systems Regulator, warned: "If prudential regulators do not

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