1-33 Unfairly excluding some potential financial service consumers from the financial services marketplace is a reason why FIs must absorb net regulatory burden.

Question

Quizplus · Accepted Answer

FIs must absorb net regulatory burden to ensure that they are not unfairly excluding some potential financial service consumers from the financial services marketplace. By adhering to regulations and managing risk, FIs can provide greater access to financial services to all consumers, regardless of their background, income level, or credit history. This promotes financial inclusion and overall economic growth.

1-33 Unfairly Excluding Some Potential Financial Service Consumers from the Financial