Tighter regulations on banks’ advertising, sales and marketing practices aim to curb the mis-selling of financial products such as insurance policies and mutual funds ... .
"UK driver checking mis-sold car finance and PCP claims online, reviewing a car finance agreement on a laptop at home, highlighting car finance claims eligibility in the UK." ... What the Regulator Found on Car Finance Mis-Selling.
Reserve Bank of India (RBI) has sharply tightened the definition of mis-selling, removing one of the biggest defences used by banks and insurance companies that the customer had explicitly consented by signing documents.
The Reserve Bank of India (RBI) has proposed a ban on incentives paid by third parties to bank staff for selling insurance, mutual funds and other products to curb the mis‑selling of financial products.