transparency regulations

Transparency regulations require organizations, especially financial institutions, to openly disclose key information about their operations, policies, and financial practices. This includes clear communication about fees, risks, and performance, allowing customers and regulators to make informed decisions. The goal is to promote accountability, prevent fraud, and build trust by ensuring that relevant information is accessible and understandable to the public. These rules help maintain integrity in markets and protect consumers by reducing hidden practices or misleading disclosures.