Parliamentary groups that handle the creation New Authority for the Defense of Financial Clients Finalize punishing banks, insurers, brokers and other financial companies receive further notices against you by the agency. Therefore, in coordination with the Ministry of Economy, PSOE is negotiating a change in the Government’s project so that these organizations have to contribute more than others to finance the organisation, according to various sources, which confirm to El Periódico, the Prensa Iberica group.
The initiative will be discussed behind closed doors in the Congress economics committee this Tuesday, and Socialists hope to gain enough support to push the initiative forward at the next meeting of the lower house body, scheduled for today or in principle Thursday. Offer passes, at the expense of last-minute changes Modify the rate of 250 euros per request Organizations were expected to fund the new authority, although going to the organization remained free for those affected.
Thus, socialists 40% of the organization’s operating cost is allocated proportionally to the number of damages resolved. the remaining 60% will be distributed proportionally to the number of positive opinions given to the claimants of each legal entity, according to the total number of favorable decisions given to the clients. The annual amount of global temporary income will be estimated and this amount will be determined in April of the following year when the final expenses of the Institution are known.
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This is not the only direction in which changes are expected. Groups also meet reduce the amount demanded for which the new authority’s decisions will be binding for entities (not customers). The government bill set it at 20,000 euros, covering about 95% of existing compensation claims. Therefore, the parties and partners of the Executive alliance speculate that it is possible to bring it down without harming customers. In fact, if he had stayed at 10,000 euros, 90% of the claims would have been covered anyway.
Another important aspect of the project where the changes are examined is access to the courts. In the government’s project, organizations can object to the Agency’s decisions, or through contentious administrative proceedings national audience in the case of binding ones or by civil means in non-binding cases. As the General Assembly of the Judiciary (CGPJ) and the Finance Council have warned, there are doubts about his legal reserve and it is under review whether all resources can be taken to the civil suit.
Likewise, improvements in the regulations governing basic payment accounts (which businesses are obliged to give to vulnerable groups such as non-resident immigrants) are being negotiated. He is also working on determining some kind of scale for potential clients (those who have not signed a contract with the institution but feel damaged).
controversial rate
Nadia Calviño, vice president of economics, has already opened up in early March to change the rate that has been created since the beginning. Doubts about compliance with rates and public prices law There have been warnings from different areas such as the Bank of Spain, the CGPJ or financial employers that since April last year, the flat rate of 250 euros per accepted request could amount to an adverse incentive. accept any request less than this amount as it will be cheaper for them and this can cause a demand wave.
The opposition actually united to lower the rate. That’s why PP, PNV, Cs, Junts and PdeCat have called for different formulas for businesses not to have to pay all or part of the fee, as well as lowering it to between 100 and 50 euros depending on the case. if the new body agrees with them and decides against the client. PSOE and Unidas Podemos did not initially make any proposals for the change, but this is a negotiation strategy to avoid revealing your cards when negotiating changes ends this week.
Regarding the amount of claims below that the new authority’s decisions will be binding, PNV and PdeCat proposed a few weeks ago to reduce this from 20,000 euros to 2,000 euros; PP for 1,000 Euros; and C’s from 6,000 Euros. On the other hand, the ERC recommended that all the agency’s decisions be binding, or alternatively for requests up to 100,000 euros. Bank employers AEB and CECA, in their day remove the binding character in question that the decisions and, if retained, also apply to clients and claims of a smaller amount. The AEB specifically advocated setting the threshold at 5,000 euros.