The importance of consumer protection was also highlighted in the Committee on Financial Sector Reform chaired by Dr Raghuram G. Rajan.
The comprehensive assessment is intended to boost transparency, and thus foster confidence. But this will only work if it is credible and of high quality. In my opinion, two things are crucial for ensuring this: •  an impartial and objective methodology that fosters comparability; and  •  transparency of the process, as well as of the results.