Common use of Status of the consumer ombudsman Clause in Contracts

Status of the consumer ombudsman. The consumer ombudsman is appointed in accordance with a transparent process by a collectiv e body reporting to the Financial Sector Advisory Committee and listed as a consumer ombudsman by decision of the French Commission d’ évaluation et de contrôle de la médiation de la consommation (Commission for assessment and superv ision of consumer ombudsman services). He/she carries out his/her assignment in the context of a renewable three-year fixed- term mandate. The consumer ombudsman has the use of operational resources appropriate to his/her assignment making it possible to guarantee his/her independence. He/she informs consumers without delay of the occurrence of any circumstances likely to af fect his/her independence, impartiality or of a nature to create a conflict of interest. In which case, the consumer may object to the continuation of the consumer ombudsman’s assignment.

Status of the consumer ombudsman. The consumer ombudsman is appointed in accordance with a transparent process by a collectiv e collective body reporting to the Financial Sector Advisory Committee and listed as a consumer ombudsman by decision of the French Commission d’ évaluation d’évaluation et de contrôle de la médiation de la consommation (Commission for assessment and superv ision supervision of consumer ombudsman servicesmediation). He/she carries out his/her assignment in the context of a renewable three-year fixed- term mandate. The consumer ombudsman has the use of operational resources appropriate to his/her assignment making it possible to guarantee his/her independence. He/she informs consumers without delay of the occurrence of any circumstances likely to af fect affect his/her independence, impartiality or of a nature to create a conflict of interest. In which case, the consumer may object to the continuation of the consumer ombudsman’s assignment.

Status of the consumer ombudsman. The consumer ombudsman is appointed in accordance with a transparent process by a collectiv e collective body reporting to the Financial Sector Advisory Committee and listed as a consumer ombudsman by decision of the French Commission d’ évaluation d’évaluation et de contrôle de la médiation de la consommation (Commission for assessment and superv ision supervision of consumer ombudsman services). He/she carries out his/her assignment in the context of a renewable three-year fixed- term mandate. The consumer ombudsman has the use of operational resources appropriate to his/her assignment making it possible to guarantee his/her independence. He/she informs consumers without delay of the occurrence of any circumstances likely to af fect affect his/her independence, impartiality or of a nature to create a conflict of interest. In which case, the consumer may object to the continuation of the consumer ombudsman’s assignment.