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The unfair terms prohibition in Article 5.52 of the new Civil Code and financial services in a B2B context: balancing fairness with legal certainty

Corporate Finance Lab

Before that, the B2B and B2C legislation had already introduced a similar prohibition, but financial services had been (partially) exempted. Such exemption for financial services, however, does not appear in the new Civil Code. of the new Civil Code, the B2B and the B2C regime. Unfair terms: Article 5.52 Article 5.52

B2B 85
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On The Hill, Banking’s Biggest Get Grilled

PYMNTS

It should be noted that the Wednesday (April 10) testimony, en masse, represented the largest gathering of banking heads since the financial crisis itself. Disparate lines of questioning took discussion, from the state of the financial system to guns, and from cryptos to executive compensation.

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How Data Will Speed The Move To Cashless Payments

PYMNTS

Even if cash has its place, Ferrabee said that digital payments can still gain traction with the addition of information — data, in other words — that can literally travel, and that can be used to ensure (and reassure) both sides of a transaction of speed and security. That’s especially true for corporate and B2C transactions, he said.

B2C 86
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On The Hill, Banking’s Biggest Get Grilled

PYMNTS

It should be noted that the Wednesday (April 10) testimony, en masse, represented the largest gathering of banking heads since the financial crisis itself. Disparate lines of questioning took discussion, from the state of the financial system to guns, and from cryptos to executive compensation.

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

After all, there’s a lot to do when it comes to assuring the safety and soundness of our financial system and the thousands of stakeholders who rely on it. Phase 3 of the process, announced then, was to expand settlement windows to include three, including the one the Fed just announced they needed more time to study.

Banking 80