The Financial Arbitrator in the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14220%2F23%3A00130527" target="_blank" >RIV/00216224:14220/23:00130527 - isvavai.cz</a>
Result on the web
<a href="https://is.muni.cz/publication/2271751/cs/The-Financial-Arbitrator-in-the-Czech-Republic/Kotasek?vysledek=98441" target="_blank" >https://is.muni.cz/publication/2271751/cs/The-Financial-Arbitrator-in-the-Czech-Republic/Kotasek?vysledek=98441</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
The Financial Arbitrator in the Czech Republic
Original language description
The Financial Arbitrator in the Czech Republic is a state-established authority for out-of-court settlements of consumer disputes within the financial market. The position of the Financial Arbitrator, which combines elements of administrative and judicial bodies, is a major challenge to Czech law. The Financial Arbitrator has a specific place among the executive authorities, which is reflected especially in the rules on proceedings before him. This paper will focus on the proceeding before the Financial Arbitrator and the way of compensating for the imbalance in the relationship between consumers and financial institutions. It will also assess the position of the consumer in the proceeding and the judicial review of the Financial Arbitrator decisions. The aim of this paper is to determine whether the legislation and its actual application allows the Financial Arbitrator to ensure a fast, free, and effective resolution of disputes.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Book/collection name
Protecting Financial Consumers in Europe. Comparative Perspectives and Policy Choices
ISBN
9789004534384
Number of pages of the result
18
Pages from-to
306-323
Number of pages of the book
460
Publisher name
Koninklijke Brill NV
Place of publication
Leiden, Boston
UT code for WoS chapter
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