The protection of a client in financial services

1 Title: Client Protection in Financial Services Key words: client, consumer, financial service, deposit, credit Abstract The present diploma thesis focuses on the client protection in financial services. It introduces relevant legislature and provides a reader with the analysis of the level of legal protection. Introduction part explains my motivation for the choice of the topic, mostly influenced by current debate over certain forms of financial services. It also presents a processing method of the thesis and kinds of resources used. The first chapter of the thesis is dedicated to an elaborate definition of the analysed key terms - the client and the financial services. In the contewxt of this work is client understood as a consumer. First part provides the reader with comparison of legal definitions of consumer presented in various legislation. A broad term of finacial services is hereby narrowed to accepting deposits and providing credit loans. The second chapter consists of analysis of legislation which regulates client protection in this field. Substantial part is provided for the proper decription of the EU legislature. Last part of the chapter sketches a short summary of changes brought by the new legislation in the field of private law, that comes into force in January 2014. Chapter Three concernes..