EFFECTS OF USING PROTECTION ACT USERS OF FINANCIAL SERVICES Cover Image

EFEKTI PRIMENE ZAKONA O ZAŠTITI KORISNIKA FINANSIJSKIH USLUGA
EFFECTS OF USING PROTECTION ACT USERS OF FINANCIAL SERVICES

Author(s): Aleksandar Vasiljević
Subject(s): Business Economy / Management, Law on Economics, Financial Markets
Published by: Fakultet za pravne i poslovne studije dr Latar Vrkatić
Keywords: Bank; interest; law; the borrower; the notification;

Summary/Abstract: Elementary business culture and business practices dictate gender parties. Unfortunately, in the domestic banking system relates Bank-borrower is not in any way reflect the contractual equality, but the discrimination was strongest borrowers. In order to create a contract of equality, the state passed a law on the protection of users of financial services. With the entry into force of the Law on the protection of users of financial services, clients have started with National Bank of Serbia intensively objections to the operation of commercial banks where there is a large number of unfounded complaints relating to personal inability reconciling credit obligations. The Act is somewhat arbitrary restrain banks but failed to completely eliminate the existence of internal bank documents as the basis for the change of conditions. The above law also does not include entrepreneurs and companies, which puts them at a disadvantage in relation to citizens as beneficiaries of the loan. The Law on the Protection of users of financial services is redundant because the issue of contractual relationships well resolved in the Law of Obligations that are clearly not consistent practices. Sam attempts to state administrative puem channeling business morale banks, there are also economic mechanisms that can’t yet use a certainty that would be more effective because it directly affected the profitability of banks.

  • Issue Year: 2/2012
  • Issue No: 04
  • Page Range: 144-154
  • Page Count: 11
  • Language: Serbian