FTFC3

Promoting credit cards to university students.

• Good practices

• Poor practices

Enticing financial consumers who are already highly indebted to take on new loans.

• Good practices

• Poor practices

FSP to consult credible institutions or associations to have better understanding and expertise in dealing with vulnerable consumers.

• Good practices

• Poor practices

When adopting artificial intelligence and machine learning in credit assessments or risk underwriting, avoid unfair discrimination, excessive pricing or exclusion of vulnerable consumers from accessing essential financial services and products.

• Good practices

• Poor practices

Promoting highly complex investment-linked insurance or takaful products to financial consumers with no investment experience.

• Good practices

• Poor practices