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PRODID:-//Session events Calendar//IBA//EN
CALSCALE:GREGORIAN
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BEGIN:VEVENT
DTSTAMP:20260428T164137Z
DTSTART:20171009T143000Z
DTEND:20171009T173000Z
SUMMARY:Consumer protection and financial services: which approach is bet
 ter\, regulatory or private actions\, and can they coexist?
DESCRIPTION:Regulators see private class actions\, including those promot
 ed by third-party litigation funders’ funded actions\, as a key part of 
 the regulatory enforcement environment and for consumer compensation in 
 the securities and financial product areas. With regulator budgetary con
 straints\, they cannot pursue every case\, and many see their role more 
 as one of deterrent and punishment\, and not compensation if there is a 
 viable active private compensation mechanism. There are a variety of iss
 ues and tensions arising as a result\, including access to regulators’ i
 nvestigation materials\, the timing of compensation actions\, immunities
  available and levels of cooperation. This topic will explore such issue
 s and hear from key regulators involved in these areas.
LOCATION:Room C2.1\, Convention Centre\, Level 2
UID:4ea1bc3d-d887-4a15-9eeb-66520319a6d3
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