World Consumer Rights Day in the news

World Consumer Rights Day (WCRD) 2010 has already been highlighted in English-language media from across the world. To see coverage from your country visit the WCRD 2010 in the news section at www.consumersinternational.org

Happy World Consumer Rights Day!

From mystery shopping in Serbia to crossword puzzle competitions in Singapore, the global consumer movement is has united again for a day of action on 15 March 2010, World Consumer Rights Day (WCRD). CI member organisations around the world have planned a variety of activities around this year's theme: 'Our money, our rights!'

Access to stable, secure and fair financial services is important for consumers everywhere. Yet as research undertaken by Consumers International (CI) in preparation for today has shown, consumers around the world remain poorly served by this under-performing sector. Download CI's briefings on Asia and Africa for a closer look at the state of financial services sector in these regions.

Consumer organisations perform vital work on financial services, whether protecting consumers from unfair contracts and abusive charges, or helping to secure basic access for the many who currently go without. To find out more read CI's Our money, our rights: how the global consumer movement is fighting for fair financial services.

News is streaming in from around the world about the exciting events and activities that have been taking place around WCRD 2010. Watch this space for more information on how CI members are highlighting 'Our money, our rights!'

Coalition calls for fair financial services for consumers in Europe

CI member organisations including Zveza Potrošnikov Slovenije (Slovenia), Verbraucherzentrale Bundesverband (Germany) and Test-Achats (Belgium) have partnered with the European Coalition for Responsible Credit (ECRC). This broad network of consumer groups and other civil society organisations is calling for fair financial services provision in Europe.

ECRC have developed and are promoting the following seven principles of Responsible Credit:

1. Responsible and affordable credit must be provided for all.

2. Credit relations have to be transparent and understandable.

3. Lending has at all times to be cautious, responsible and fair.

4. Adaptation should be preferred to credit cancellation and destruction.

5. Protective legislation has to be effective.

6. Over-indebtedness should be a public concern.

7. Borrowers must have adequate means to defend their rights and be free to voice their concerns.

To find out more about ECRC visit www.responsible-credit.net

Africa in the spotlight

World Consumer Rights Day (WCRD) 2010 is fast approaching! In the lead up to the day, Consumers International (CI) has produced Our money, our rights: The evolution of financial services in Africa.

Providing a fascinating insight into this sector in an African context, this briefing dispels myths, examines a number of interesting new developments and ponders the future of financial services provision to African consumers. Download the pdf to learn more.

CI member organisations across the continent work tirelessly in defence of consumers, whether in relation to financial services or countless other areas. Many are now busy preparing to highlight WCRD on or around 15 March 2010. Below are some inspiring examples of member action around this year's theme: Our money, our rights!

• Consumer Council of Zimbabwe (CCZ) is organising a multi-stakeholder symposium with representatives from industry and government, as well as a public procession through Harare and a competition featuring specially prepared WCRD t-shirts as prizes.

• Tanzania Consumer Advocacy Society (TCAS) is holding a seminar with students who will complete a survey on their understanding of financial services. TCAS is also preparing articles for national newspapers to highlight the day and are organising a street rally in Dar Es Salaam.

• Insitute for Consumer Protection (ICP), Mauritius, is calling on the Minister of Finance to establish a Banking Ombudsman. The public will be rallied through a series of features and interviews on national radio networks, and leaflets will be distributed through regional consumer advice centres.

• Zambian Consumer Association (ZACA) has set up a WCRD preparatory committee including representatives from government, industry and civil society. Activities are likely to include public marches, radio and TV programmes and producing WCRD-themed calendars.

• Youth Education Network (YEN), Kenya, will pitch an 'educational tent', which will act as a forum in which consumers can interact with financial services providers. Farmers from rural areas will be targed in particular.

• National Consumer Forum (NCF), South Africa, will be holding their annual two-day conference, which will be attended by CI staff based in the country.

• Consumer Protection Council (CPC), Nigeria, is holding a WCRD 'consumer enlightenment' event from 15 to 21 March and are producing special brochures advising consumers on financial services.
  

• Fédération des Associations de Consommateurs de Côte d 'Ivoire (FAC) will anounce this year's WCRD theme on national TV on 14 March, followed by a public event on 15 March.

• Ethiopian Consumer Protection Association (ECOPA) are holding a panel discussion where they will present new research highlighting problems in the financial services sector. WCRD banners will be present on major streets in Addis Ababa, and the day will also be promoted on national radio.

• Réseau Associatif des Consommateurs de l'Energie (RACE), Cameroon, will be launching 'Cameroon Consumer Week' from 9 to 12 March and will be meeting representatives from industry and the Ministry of Trade. On 15 March a press conference will be held around the theme of 'The True Face of Microfinance in Cameroon'.

• Association Burundaise des Consommateurs (ABUCO), Burundi, are organising a multi-stakeholder workshop. They will take the opportunity presented by WCRD to officially inaugurate a new consumer complaints centre.

• Consumer Protection Association of the Gambia (CPAG) are planning a number of activities including a TV panel discussion and a seminar entitled 'Consumer Access to Reliable and Fair Financial Services'.

World Consumer Rights Day 2010 in Europe

The consumer movement across Europe will be mobilising on and around 15 March 2010 to highlight World Consumer Rights Day (WCRD) 2010. Here is a selection of the various of activities that will be taking place across the region:

• Association of Consumers in Serbia (APOS) is organising a media conference in Belgrade around the theme of financial services. The results of a mystery shopping investigation, undertaken with technical advice from Which? in the UK, will be presented. Representatives from government, the national bank, the EC and industry associations will be in attendance.

• Protection of Consumer Rights NGO (PCR), Armenia is holding a press conference to anounce WCRD, which will be broadcast on 10 TV chanels.

• Romanian Association for Consumer Protection is organising a public event on 15 March to launch new tools for financial education, developed as part of an EC funded national programme on 'Financial Education and Family Budget'. Volunteers will also be distributed informational materials to consumers in shopping centres across Bucharest.

• Consumidores en Acción (FACUA), Spain will be announcing the winners of the 'Worst Company of the Year' competition on WCRD 15 March 2010. Categories include worst company, worst business practice and worst advertisement in the last 12 months.

• Consommation, Logement et Cadre de vie (CLCV) highlights WCRD to readers of their monthly magazine in a special one-page feature.

Financial services in Asia

World Consumer Rights Day WCRD (WCRD) 2010 is nearly upon us! Following the recent focus on Africa, Consumers International (CI) is now putting the spotlight on financial services in Asia in Our money, our rights: the evolution of financial services in Asia

Despite the many innovations in financial services to have emerged from this part of the world, many poor yet 'bankable' consumers in Asian countries still go without access. In the last of a series of examinations into financial services provision to consumers across the world, this briefing explores the issues, both current and future, around achieving universal access in Asia. Download the pdf for more.

Just like their counterparts around the world, CI member organisations across the Asia-Pacific region will be taking action to highlight WCRD 2010. Here is a selection of the activities being planned:

• Consumer Federation Tamilnadu (CONFET) held a one-day event around the theme of 'Our money, our rights'. Various representatives of the Tamil Nadu State Government were were among the 500 participants. The event also included children from various schools, carrying placards displaying the WCRD slogan. A public rally also took place.

• The Network for Consumer Protection in Pakistan is organising a seminar in collaboration with the Sustainable Development Policy Institute (SDPI). An advisor to the Minister of Finance will speak about consumer protection. The network are also preparing an op-ed piece for the Daily Dawn media group.

• Hong Kong Consumer Council (HKCC), China will be publishing a survey on banking services, with an emphasis on young consumers. Expert advice on personal financial management, also aimed at young people, will be published in the Council's CHOICE magazine. A press conference will also be held on 15 March 2010.

• Consumers Association of India (CAI) will hold a public meeting around the theme of financial security for elderly consumers. They will be highlighting a recent commitment from the National Housing Bank, a subsidiary of the Government's Reserve Bank of India, to provide loans to retired servicemen of the Indian Defence Forces to help them purchase housing.

• Macau Consumer Council (CCM), China, will be publishing the results of a comprehensive survey on fees and charges of retail banks in their monthly magazine. CCM will also release a 'checklist' on insurance for consumers.

• Consumer Association of Singapore (CASE) will sign a Memorandum of Understanding (MOU) with CCM (see above). Under the MOU, both organisations will mutally recognise the accreditations they provide to businesses that operate in Singapore and Macau. The organisations will also cooperate on cross-border consumer dispute resolution and product testing. CASE are also organising a crossword puzzle competition to raise consumer awareness of consumer protection issues.

• Consumer Council of Fiji (CCF) intends to bring together representatives from the banking industry, regulatory authorities, consumers and other stakeholders to discuss how to ensure fairer banking services for consumers in Fiji.

Nuestro dinero, nuestros derechos

The consumer movement across Latin America will be mobilising on and around 15 March 2010 to highlight World Consumer Rights Day (WCRD) 2010. Here is a selection of the rich variety of activities that will be taking place across the region:

• Fundação de Proteção e Defesa do Consumidor do Estado de São Paulo (PROCON-SP), Brazil, will publish the results of new research into the financial services sector.

• Organización de Consumidores y Usuarios de Chile (ODECU), Chile, will be surveying consumers on their experiences of using financial services, and undertaking financial education activities on and around 15 March in different regions of Chile. ODECU are also officially launching a new and improved version of www.misdeudas.cl, a website dedicated to providing debt counselling to consumers. They will also launch a new 'Financial Education Guide', produced as part of a project with other organisations in the region and ADICAE, a CI member organisation in Spain.

• Centro para la Defensa del Consumidor (CDC), El Salvador, are planning to launch a new model law on insolvency.

• Asociación de Protección de los Consumidores del Mercosur (PROCONSUMER), Argentina will put up a stand to provide advice to consumers on financial services.

• Instituto Brasileiro de Defesa do Consumidor (IDEC), Brazil, will be publishing the results of a comparitive test of banks in their magazine. IDEC has also called on the country's Central Bank to improve regulation of the sector.

• Comité de Defensa de los Derechos del Consumidor (AIS-CODEDCO), Bolivia, held a conference in February on the 'Situation of consumers of financial services and banks in Bolivia', in collaboration with the Vice-Ministry for Consumer Protection, Authority for Supervision of the Finance System, Community for Human Rights in Bolivia and the Ombudsman of Bolivia.

• Movimiento Iniciativa del Consumidor (MIC), Venezuela are designing a WCRD poster and organising a forum at the College of Journalists on 15 March.

• Instituto Nacional de Protección de los Derechos del Consumidor (PRO CONSUMIDOR), Dominican Republic have launched an annual calendar highlighting 'Our money, Our Rights'.

• Instituto Panameño de Derecho de Consumidores y Usuarios (IPADECU) and Unión Nacional de Consumidores y Usuarios de la República de Panamá (UNCUREPA) are planning joint activities in Panama. Eight episodes of their weekly radio show, 'Talking Consumer', will focus on financial services and consumer rights under the slogan 'Our Money, Our Rights'. The series programmes, culminating on 15 March, will analyse the Panamanian legal system in terms of consumer protection in relation to financial services.

• Associação Brasileira de Defesa do Consumidor (Pro Teste), Brazil, will be providing online consumer education services on financial services.