On The Need for the Next RCBS Regulation

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F15%3A50003875" target="_blank" >RIV/62690094:18450/15:50003875 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
On The Need for the Next RCBS Regulation
Original language description
As the EU-wide studies show this issue is present across the internal market. This problem relates mainly to free service usage price model of payment accounts, packaged and bundled payment accounts. A possible solution is to publish a reliable signal such as APR calculation implementation on the consumer loan market. The APR calculation duty proved to be an effective market regulation providing needed price information. But the same calculation cannot be applied here. This is why we propose a regulation based on a specific clusters identification to represent the main consumer behaviour patterns at the national level. The banks would be bound to calculate and publish the prices of each national profile for each of offered account. We expect the banksto modify the tariffs to fit the profiles. As a possible treatment we propose to construct the price confidence interval instead of a single price. These price intervals would have to be published on the banks' website in a transparent wa
Czech name
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Czech description
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Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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