At its annual press conference, the Swiss Banking Ombudsman asserted that it had dealt with the impact and implementation of the Financial Services Act (FinSA) in many ways in 2019, following its intense involvement in the (...)
The time of “free services” is gone! The time of “free services” is gone! E-banking: when the customer makes a mistake, who is responsible? Banks face major challenges when it comes to offences involving elderly [...]
25 years of the Banking Ombudsman: as relevant as ever. In 2017, the Swiss Banking Ombudsman dealt with 2027 cases. Charges and early redemption penalties remain the most common issues. The Ombudsman calls for willingness [...]
Banking Ombudsman would like to see mitigation of procedural costs At his annual media conference, the Swiss Banking Ombudsman addressed a long-standing issue for the Ombudsman’s Office, namely bank charges. “Banks are increasingly charging fees [...]
Financial Services Act: sensible, up-to-date legislation At his annual media conference the Swiss Banking Ombudsman spoke positively about current developments in the legislation project Financial Services Act. Marco Franchetti said: “From the perspective of the [...]
Banking Ombudsman responds to rising requirements As the Swiss Banking Ombudsman explained at his annual media conference, the huge changes under way in the world of Swiss banking are having an impact on the work [...]
