Encyclopedia

Improper financial institution


Improper financial institution — a financial institution that does not bear obligations towards such a consumer of financial services in accordance with the requirements contained in the complaint1.

  1. Federal Law No. 123-FZ dated 04.06.2018 "On the Ombudsman for the Rights of Financial Services Consumers". 2018, as amended on 2023-12-11, Article 20, paragraph 4.1. ↩

Laws with commentary

Codes and federal laws