نوع مقاله : علمی- پژوهشی
عنوان مقاله English
نویسندگان English
The need of today's societies for financial and credit services and products such as receiving deposits, granting loans, creating credit, paying, settling and transferring money is undeniable. Abuse of consumers in this area not only ends up to the detriment of consumers but also changes the economic system of society in large dimensions. violations of consumer rights in credit products, along with factors such as the lack of adequate supervision of such institutions and the economic policies of the United States government, led to the financial crisis. The establishment of the Consumer Financial Protection Bureau under the "Wall Street Reform and Consumer Protection Act" was one of the measures taken by the US government to protect consumer rights and prevent abuse by credit institutions in contracts such as mortgage lending. In the Iranian legal system, the Central Bank is responsible for rulemaking and supervising the monetary network. In addition, the Bank and some institutions such as the Discretionary Punishments Organization and the Competition Council also take measures in line with their duties to protect financial consumers. In this article, the background, basics, structure and authorities of the aforementioned Bureau in terms of consumer financial protection are examined in detail using a descriptive-analytical method, and then the authorities of consumer protection institutions in the Iranian legal system are compared and compared with the Consumer Financial Protection Bureau. The lack of a responsible entity with the main duty of protecting financial consumers, inefficiency and conflict of jurisdiction in domestic institutions are evident
کلیدواژهها English