Právna náuka

Unfair Contract Terms Directive, link

Legislative changes, with effect from 1 January 2019, have significantly changed the option of dispute resolution related to the provision of payment services and banking transactions between payment services provider (bank), its consumers and other clients. Legislative changes have introduced, in this respect, a new body responsible for deciding such disputes as well. At the same time, the legislative changes have conceptually modified the possibility of continuing the arbitration proceeding initiated before the arbitration court was cancelled by its founder. In the specific case, the article deals with the issue of the Permanent Arbitration Court of the Slovak Banking Association.