A financial service provider shall carefully consider the legitimate interests of the consumer or beneficiary.
A financial service provider who advises is acting in the best interest of the consumer or beneficiary.
With respect to the first and second paragraphs, the Financial Markets Authority shall only apply Article 1:75 in the event of evident misconduct that could damage confidence in the financial service provider or in the financial markets.
Our Minister shall, within three years of the entry into force of this article, send to the States General a report on the effectiveness and effects of this article in practice.
Regulations based on this article (delegated regulations)
No
Policies and circulars that have this article as legal authority
No
Articles or similar text referring to this article
(01-05-2021)
|
Effective date |
Retroactivity |
Subject |
Signature |
Announcement |
Chamber documents |
Signature |
Announcement |
Note |
|
new |
2013 |
2013 |
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