FIN-NET definition

FIN-NET means: the network for the out-of-court settlement of cross-border disputes regarding financial services in the European Economic Area, set up under Commission Recommendation 98/257/EC of 30 March 1998 on the principles applicable to the bodies responsible for out-of-court settlement of consumer disputes;
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Examples of FIN-NET in a sentence

  • Cardholders of card complete can contact this FIN-NET complaint resolution board at (▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇).

  • In case of credit agreements with consumers residing in another member state, the creditor Shall refer to FIN-NET (▇▇▇▇://▇▇.▇▇▇▇▇▇.▇▇/internal_market/fin-net/).

  • To settle cross-border disputes, a complaint can be submitted to the IVASS or to the competent foreign system activated using the FIN-NET procedure (by accessing the website: ▇▇▇▇://▇▇.▇▇▇▇▇▇.▇▇/internal_market/finnet/index_en.htm).

  • Means PTA, BELGACOM, TELEGLOBE, TD, FINNET, TFIN, FT/FCR, DTAG, OTE, BTE, LPTT, TELENOR, MARCONI, ROSTEL, TSA, TELIA, SWISST, MCL, AT&T, ▇▇▇▇, SPRINT and MCII.

  • If the Introducing Broker is incorporated outside of Ireland, please refer to FIN-NET.

  • For example, the cost of the FINNET system – which amongst other items shares good practice across all EU Member States in the area of dispute resolution – is less than €1m per annum.

  • FIN-NET is a Europe-wide network of financial ombudsmen and consumer complaints organisations.