4 The Board's proposal I will now focus on the Board's recent proposal for stricter regulations prohibiting abusive and deceptive practices in the mortgage market under authority of the Home Ownership and Equity Protection Act (HOEPA). This proposal is intended to protect consumers and to preserve consumer choice by targeting protections to borrowers who face the most risk.
A number of applications have been  2  BIS central bankers’ speeches  received from these institutions which are now being evaluated for the first round of G2P payments Challenge. Financial literacy has assumed greater importance in recent years and is now considered an important systemic area for promoting financial inclusion and ultimately financial stability.