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Civil Liability for the Activities of Financial Promoters

Key Points of Attention

  • The Prevention Plan

  • Joint Liability

  • The "Claims Made" Approach

  • Financial Losses

Main Legal References

  • Civil Code (Art. 2049)

  • Consolidated Law on Finance

Our Signature Capabilities

Implementation of Risk Management and
development of a "Prevention Plan"

Benefits

  • Raising corporate awareness of risk management

  • Reducing the severity and frequency of claims

  • Lowering costs borne by the Financial Institution

  • Facilitating the transfer of risk to Insurers

  • Cost optimisation

  • Reduced conflict with clients

  • Recognition by Regulatory Authorities

Claims and Litigation Management

  • with Clients

  • with Insurers

Basic Insurance Coverage

The Insurers will indemnify the Financial Institution for financial losses directly suffered as a result of any wrongful act committed by any Financial Promoters in the course of activities carried out on its behalf.

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