Study on Consumer Financial Protection:Focusing on the Trends

Financial consumer protection originated from 1960s. With the developing of financial mixed management,especially after the outbreak of the financial crisis in 2008,there are trends on consumer financial protection over the world:strengthening financial consumer protection became an important content of financial regulatory reform; horizontal legislation providing unified protection; the application of financial safety net was enlarged. For China,it is necessary to give conduct regulation power to departments of consumer financial protection,to formulate horizontal legislation about selling financial product,to enlarge the application of financial safety net.