Object's details: Contemporary trends in consumer protection on the financial services market and the regulations of consumer protection institutions: the Financial Ombudsman and President of the Office of Competition and Consumer Protection

Provider:Platforma Otwartych Czasopism Naukowych UAM

Description

Title:
Contemporary trends in consumer protection on the financial services market and the regulations of consumer protection institutions: the Financial Ombudsman and President of the Office of Competition and Consumer Protection
Creator:
Chashchina, Sofya
Description:
The article deals with some issues related to consumer (client) protection on the financial market. Legal regulations constantly change in this area. New regulations are introduced, which makes the subject of consumer protection very topical and important, especially with many accompanying transactions on the financial market. The multiplicity of legal acts and the influence of European legislation, especially EU regulations, can lead to many misunderstandings in terms of terminology. An attempt was made to clarify the concepts of consumer and client on the basis of Polish legislation. According to numerous amendments to the regulation, the entities on the market using financial services should make efforts to conduct a correct assessment of its legal situation and the possibility of using the help of institutions. The range of protected entities differ depending on the legal act that is analyzed. The author draws attention to the ways in which the legislator created a definition of a protected entity and the areas in which it provides legal protection. The analysis also includes legal provisions concerning the competences of institutions performing consumer protection functions: the Financial Ombudsman and the President of the Office of Competition and Consumers, which is a body specializing in individual consumer matters, and a public administration body. Their competences and roles, which overlap in certain areas, have been the subject of lively discussion for a time. This was due to the proposed draft act of December 2020, the provisions of which abolished the institution of the Financial Ombudsman, and transferred his competences to the President of the Office of Competition and Consumer Protection. The paper presents the direction of legal changes in the institutional area of consumer protection of financial services, the ratio of such actions, as well as the outlined European legislator’s vision of adequate consumer protection.
Object availability:
free access
Rights: https://creativecommons.org/licenses/by-nc-nd/4.0 ;
Prawa autorskie (c) 2021 Sofya Chashchina
Date:
2021.12.30
Type:
info:eu-repo/semantics/article;
info:eu-repo/semantics/publishedVersion;
Artykuł naukow;
Artykuł naukowy
Language:
Polish
Source:
Studia Prawa Publicznego; No. 4 (36) (2021); 109-127;
Studia Prawa Publicznego; Nr 4 (36) (2021); 109-127;
2720-2445;
2300-3936
Format:
application/pdf
Publisher:
Adam Mickiewicz University Poznan
Relation: http://pressto.amu.edu.pl/index.php/spp/article/view/31682/27708
Subject:
consumer;
client;
consumer protection;
financial market;
institutional consumer protection
Identifier: http://pressto.amu.edu.pl/index.php/spp/article/view/31682
Data provider:
Platforma Otwartych Czasopism Naukowych UAM

Similar objects

Contemporary trends in consumer protection on the financial services market and the regulations of consumer protection institutions: the Financial Ombudsman and President of the Office of Competition and Consumer Protection

Creator:Chashchina, Sofya

Date:2021.12.30

Type:text

The administrative law protection of the consumer on the financial market

Creator:Michór, Andrzej

Date:2019.09.13

Type:other

Misselling jako nadużywanie zaufania klienta na rynku finansowym

Creator:Paduszyńska, Marta

Date:2021.06.01 | 2019.09.30

Type:image

Architektura bezpieczeństwa i ochrony interesów konsumentów na rynku usług finansowych

Creator:Czechowska, Iwona

Date:2017.07.21 | 2017

Type:text

Ochrona niezamożnych konsumentów na rynku usług finansowych

Creator:Ćwieląg, Krzysztof | Maciejasz-Świątkiewicz, Marta

Date:2016.04.25 | 2016

Type:image

Nadzór nad rynkiem finansowym w Polsce a ochrona konsumenta

Creator:Kudlak, Izabela

Date:2019.07.08 | 2019

Type:image

The schemes for institutional consumer protection in the European Union

Creator:Malczyńska-Biały, Mira

Date:2017.09.15

Type:other

Ochrona konsumentów na polskim rynku bankowym według regulacji Unii Europejskiej

Creator:Przytuła, Katarzyna

Date:2019.11.04 | 2019

Type:image

Federacja Bibliotek Cyfrowych

Object's details: Contemporary trends in consumer protection on the financial services market and the regulations of consumer protection institutions: the Financial Ombudsman and President of the Office of Competition and Consumer Protection

Description

Similar objects