Needed: Financial literacy for regulators

It is clear now that mis-selling is rampant, experts don’t know that much, the human mind is not hardwired to understand money and the band-aid of financial literacy is irrelevant. No wonder the financial sector is shrivelling. There is a way out. Our financial regulators need to be educated about it first argues, Debashis Basu

“Confidence in the financial services sector as a whole is...

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