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Europe Daily Bulletin No. 7894

2 February 2001
Contents Publication in full By article 17 / 55
GENERAL NEWS / (eu) eu/financial services
Commission launches network for out of court settlement of crossborder disputes

Brussels, 01/02/2001 (Agence Europe) - The European Commission has launched a network for out of court settlement of disputes in the financial services sector. The aim of the network, called FIN-NET, is to allow companies and consumers to avoid having to go to court by making it possible for them to resolve a dispute in an effective and inexpensive manner, above all when the service provider is established in a Member State other than that where the consumer resides.

Given the growing...

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