Regulatory Alerts2020-02-19
Regulation on the Conditions for Consumer Credit Intermediation Applying to Bank Credit Intermediaries
The Governing Board of the Bank of Slovenia issued this regulation to establish detailed conditions for consumer credit intermediation performed by bank credit intermediaries. It mandates written intermediation agreements, defines the scope of intermediary authorities, and sets requirements for staff qualifications, business premises, and record-keeping. The regulation also outlines the joint liability of banks and intermediaries for damages and requires banks to maintain public lists of their cooperating intermediaries.
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