The OECD is consulting on the draft High-level Principles on Financial Consumer Protection. The principles are designed to assist G20 countries and other "interested economies" to enhance financial consumer protection. They complement and do not substitute existing international principles and guidelines. In particular, they do not address sectoral issues dealt with by the International Organisation of Securities Commissioners (IOSCO), the Basel Committee on Banking Supervision (Basel) and the International Association of Insurance Supervisors (IAIS). The principles are non-binding and will apply across all financial service sectors. The consultation closes on 31 August 2011. Based on comments received, a further draft will be discussed by members of the Task Force at their next meeting on 14 September 2011. A final draft will then be submitted to the French Presidency, to be transmitted to the G20 Finance and Central Bank Governors' meeting on 14 October 2011. (Source: Public Consultation: Draft High-level Principles on Financial Consumer Protection)