Can two-page disclosures really improve consumer understanding?

Question

## Two-page disclosures can improve readability, but they do not by themselves guarantee better consumer understanding.

Accepted Answer

Shorter product disclosure sheets are designed to make key terms easier to see, easier to compare, and less likely to be skipped. Bank Negara Malaysia limits disclosures to a maximum of two A4 pages, uses plain language and readable fonts, and frames the information as a simple sequence so consumers can identify the product, obligations, risks, and other key terms more quickly.

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Can two-page disclosures really improve consumer understanding?

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