Liability for Damage Caused at the Pursuit of Financial Advisory

Slezáková Andrea ()
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Slezáková Andrea: University of Economics in Bratislava, Faculty of Commerce, Department of Business Law, Dolnozemská cesta 1, 852 35 Bratislava

Studia Commercialia Bratislavensia, 2017, vol. 10, issue 37, 66-73

Abstract: The Act No 186/2009 Coll. on financial intermediation and financial advisory and on amendments and supplements to certain laws is reflecting on the topic of liability. It is incorporating provisions about the liability for damage at the pursuit of financial advisory. The attention is being paid to the liability for damage caused to the professional or non-professional client at the pursuit of financial advisory. In accordance with the element of the liability legal relationship, the subjective aspect, the liability for damage caused at the pursuit of financial advisory represents a subjective liability, where fault is necessary. Our proposal de lege ferenda is the introduction of strict liability for damage caused at the pursuit of financial advisory.

Keywords: Financial advisory; client; liability for damage; the liability legal relationship (search for similar items in EconPapers)
JEL-codes: K12 K15 K23 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:stcomb:v:10:y:2017:i:37:p:66-73:n:3

DOI: 10.1515/stcb-2017-0006

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