The Central Bank works with other state bodies – including the Competition and Consumer Protection Commission (CCPC) and the Financial Services Ombudsman (FSO) – to form the national consumer protection framework, and participates actively in European and international bodies that also work to safeguard the interests of consumers.
While the fast-growing economies are operationally grouped together as emerging market economies (EMEs), the group of countries constituting EMEs has not been clearly defined and hence, a discussion about the EMEs as a group, at times, becomes difficult.