Internet Banking and the Law in Europe: Regulation, Financial Integration and Electronic CommerceThe European Union has long sought to create a single financial area across Europe where consumers in one country benefit from financial markets and activities in other countries. With the emergence of the Internet as a platform for the provision of online banking services, the creation of a pan-European market for banking services appeared a realistic proposition. In practice, however, this has not happened. This book asks why and argues that the creation of banking markets via the Internet relies on both available technologies and appropriate laws and regulations. The institutional and legal framework for online banking services in the single European market are examined, as is the level of legal harmonization achieved in the UK, France and Germany under the influence of the EU Directives pertaining to online banking activities. |
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this book contains all the information regarding internet banking for assignments related to e-banking
Contents
| 6 | |
| 7 | |
political and economic integration For example the debate concerning | 20 |
Total | 23 |
2 | 29 |
account for making cashless payments to third parties14 For regulatory | 32 |
privately by a small number of participating institutions41 In these | 40 |
linked to a current account to draw funds by debiting | 42 |
regarded as unfair | 197 |
The German law of the bankercustomer relationship is largely subject | 205 |
Any consumer loan more than 200 | 208 |
disclosures There are of course sharp diVerences in the regulation | 213 |
may be unavailable because of technical failure thus disrupting client | 214 |
7 | 231 |
Directive4 has expanded the scope of application of home country | 232 |
Another interesting question is whether the FSA rules apply to | 235 |
5 | 137 |
rules but priority is to be given to disclosure of | 148 |
and the statutory protection of privacy and personal data The | 150 |
purposes93 in all transactions above a specified value94 and in | 156 |
a climate of security awareness and vigilance throughout the | 160 |
new risks associated with Internet technology156 To that end it | 164 |
6 | 165 |
which amended a range of consumer protection requirements in the | 171 |
purposes of the information and which allows the unchanged | 179 |
The harmonization of national laws of banking contracts | 183 |
as the overriding principle in the single European market The | 184 |
e any relevant codes of conduct to which the bank | 185 |
With regard to other fields of economic regulatory law notably | 242 |
residents via the Internet The ensuing discussion covers the regulatory | 244 |
applies to criminal acts which objectively produce eVects in German | 261 |
8 | 262 |
IMPLEMENTATION OF THE COUNTRY OF ORIGIN PRINCIPLE 279 | 279 |
or ability of the home authorities to enforce its laws | 282 |
NORMATIVE IMPACT OF PRINCIPLE OF COUNTRY OF ORIGIN 287 | 287 |
9 | 289 |
are better informed of and freely select what is best | 292 |
services that their activities will benefit from legal certainty low | 293 |
the negotiating strength and economic resources available to the firm | 297 |
experience regarding ecommerce litigation suggest that courts will | 305 |
Other editions - View all
Internet Banking and the Law in Europe: Regulation, Financial Integration ... Apostolos Ath. Gkoutzinis No preview available - 2010 |
Internet Banking and the Law in Europe: Regulation, Financial Integration ... Apostolos Ath Gkoutzinis No preview available - 2006 |
Internet Banking and the Law in Europe: Regulation, Financial Integration ... Apostolos Ath. Gkoutzinis No preview available - 2006 |
Common terms and phrases
advertising applicable law authorities aVairs aVect bank’s banking services Banque de France beneficiary’s benefits C.mone´t.fin Choice of law client COB FSA commercial Commission conflict of laws consumer contracts consumer credit consumer protection consumer’s Council Directive country of origin courts cross-border services customer’s defined Distance Marketing Directive diVerent E-Commerce Directive economic electronic banking activities electronic commerce EP and Council established European Commission eVects finance financial institutions financial integration financial markets financial services Financial Services Authority firms first FiSMA FSA Handbook German home country home country control Ibid implementation Internet banking Internet service investment services jurisdiction Member MiFiD mutual recognition national laws notification obligation online banking online services originator’s parties payment principle of country prudential Re`glement recital reflect regulation regulatory requirements risks Rome Convention rules scope of application securities services provided single European market specific standards supervisory tion trading transactions United Kingdom
Bibliographic information
| Title | Internet Banking and the Law in Europe: Regulation, Financial Integration and Electronic Commerce |
| Author | Apostolos Ath. Gkoutzinis |
| Publisher | Cambridge University Press, 2006 |
| ISBN | 1139458671, 9781139458672 |
| Export Citation | BiBTeX EndNote RefMan |