by issuing an order to the bank — especially since we have been recommending for quite some time not to sell investment products to clients the are the basics of a good seo strategy over a certain age, and in general, banks comply with these recommendations. However, for the offer to be appli, the law requires repetition, that is, there must be several similar cases in a specific financial institution. Then we will be able to take measures.
within the framework of our new powers
I would like to draw attention to an important point. If a person previously complain that “he was deceiv, his ignorance was abus,” that he “did not understand what he was told,” then during the investigation it was his words against the words of the bank employee. It was not always possible to establish the truth. Often it was necessary to appeal more to the conscience of the seller than to the establish fact. After all, misleading usually occurs during the conversation.
Now the situation is changing
Our new regulation describes the requirements for the interaction of the seller with the buyer – for example, what and how the bank, which acts as an agent for the sale of the insurance product, should tell. The requirements will be the same practical training on rea for everyone – both the bank and the insurer. Formal obligations of financial companies to sell honestly appear, and there is one fundamental novelty in the regulation – what the seller says orally cannot ao lists differ in essence from what is record on paper.