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M. Giobbi

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Author: M. GiobbiYear: 2017Subject: SOCIAL SCIENCES: Section Law and Societyclear all
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4th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2017
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CAN A FINANCIAL CONSUMER NEGOTIATE ITS CLASSIFICATION? THE CONSUMER PROTECTION SYSTEM IN THE FINANCIAL CONTRACTS

(STEF92 Technology, 2017, M. Giobbi)

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In the financial contracts the parties are not on equal terms because the financial client expresses his willingness to conclude the contract on the basis of information provided by the intermediary. For the European legislation clients must be classified by intermediaries as retail, professional and eligible counterparties. The classification proposed by the intermediary may be rejected by the client, who may ask to be classified differently. When a clientВ’s request to be classified in a certain category is auto...

SOCIAL SCIENCES: Section Law and Society2017
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