A new player in the field of financial affairs: the financial consumer

Szerzők

  • Gyuris Árpád

DOI:

https://doi.org/10.18531/Studia.Mundi.2015.02.01.30-37

Kulcsszavak:

consumer, financial culture, transactions

Absztrakt

As a member of the EU, Hungary has to implement community norms into its legal order. The EU regulations have reached some basic institutions of the private and the business laws of the member states. The rules of consumer protection constitute the most important driving force behind the development. The current definition of the consumer intends to emphasize its weaker position in a contractual relationship. This definition seems to be in need of further specification in particular domains of transaction such as financial affairs.
Recent financial scandals in Hungary, such as the case of the foreign currency loans and the bankruptcy of broker-houses and banks call attention to the need of providing special protection to financial consumers as well. In this paper, I would like to examine, whether and to what extent the concept of the financial consumer is taken into consideration in the current Hungarian economic and legal literature, and what steps should be taken to restore the balace between financial service providers and consumers. I think that the introduction of the concept would help to disseminate knowledge about financial culture, and prevent further malpractice.

Információk a szerzőről

  • Gyuris Árpád

    E-mail: arp@index.hu

Hivatkozások

Ajani, Gianmaria and Ebers, Martin: Uniform Terminology for European Contract Law. Nomos Verlag, Baden-Baden. 2005.

Atiyah, Patrick: An Introduction to the Law of Contract. 5th edition. Clarendon Law Series, Oxford. 1995.

Botterill, Jacqueline: Consumer Culture and Personal Finance Money Goes to Market. Palgrave Macmillan, Basingstoke. 2010. DOI: http://dx.doi.org/10.1177/1469540511415468b

Cartwright, Peter (ed.): Consumer Protection in Financial Services. Kluwer Law International, London. 1999.

Fox, Jonathan J. and Suzanne Bartholomae: Financial Education and Program Evaluation. In: Handbook of Consumer Finance Research, Jing Jian Xiao, ed. Springer New York. pp. 47-68. 2008 DOI: http://dx.doi.org/10.1007/978-0-387-75734-6_4

Hartlief, Tom: Freedom and Protection in Contemporary Contract Law. Journal of Consumer Policy 27/3: 253-267. 2004. DOI: http://dx.doi.org/10.1023/B:COPO.0000040519.54766.4a

Hatzis, Aristides N.: An Offer You Cannot Negotiate: Some Thoughts on the Economics of Standard Form Consumer Contracts. In: Standard Contract Terms in Europe: A Basis for and a challenge to European Contract Law, Hugh Collins, ed. Wolters Kluwer Law & Business, Alphen aan den Rijn, pp. 43-56. 2008.

Prugberger, Tamás: Észrevételek az új Ptk. egyes szerződéseket tartalmazó fejezetéhez a szolgálattal kapcsolatos szerződések hiánya miatt. Jogtudományi közlöny 63/3: 151-154. 2008.

Retsinas, Nicolas P. and Eric S. Belsky (eds.): Moving Forward. The Future of Consumer Credit and Mortgage Finance. Brookings Institution Press, Washington. 2011.

Ryan, Andrea, Gunnar Trumbull, and Peter Tufano: A Brief Postwar History of US Consumer Finance. Working Paper, Harvard Business School. 2010. DOI: http://dx.doi.org/10.2139/ssrn.1723397

Stefan Wrbka: European Consumer Access to Justice Revisited. Cambridge University Press, Cambridge. 2015. DOI: http://dx.doi.org/10.1017/CBO9781139680431

Yuthayotin, Sutatip: Access to Justice in Transnational B2C. Springer, London. 2015. DOI: http://dx.doi.org/10.1007/978-3-319-11131-5

Zweigert, Konrad, and Hein Kötz: An Introduction to Comparative Law. Oxford University Press, Oxford. 1998. DOI: http://dx.doi.org/10.1017/S0020589300063892

Letöltések

Megjelent

2015-07-06

Hasonló cikkek

1-10 a 60-ból/ből

You may also Haladó hasonlósági keresés indítása for this article.