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BANK OF RUSSIA TO ESTABLISH REQUIREMENTS FOR INVESTMENT INSURANCE PRODUCTS

Redazione
(AGENPARL) – MOSCOW (RUSSIA), lun 25 gennaio 2021 The regulator intends to set minimal requirements for insurance companies offering investment life insurance (ILI) and endowment life insurance (ELI) products. The initiative is aimed at eliminating the malpractices of misleading consumers as to the specifics of these products. Insurance providers market ILI products as policies with a risk (in the event of death) and investment component. It is suggested that a risk component be strengthened to prevent consumers from......
Agenparl English Politica Estera Social Network Top News

CMA LIFTS THE LID ON IMPACT OF ALGORITHMS

Redazione
(AGENPARL) – LONDON (UNITED KINGDOM), mar 19 gennaio 2021 The Competition and Markets Authority (CMA) is now seeking evidence from academics and industry experts on the potential harms to competition and consumers caused by the deliberate or unintended misuse of algorithms. It is also looking for intelligence on specific issues......
Agenparl English Diritto & Giustizia Social Network

CONSUMER FINANCIAL PROTECTION BUREAU SUES 1ST ALLIANCE LENDING, LLC AND ITS PRINCIPALS FOR ALLEGED UNLAWFUL MORTGAGE LENDING PRACTICES

Redazione
(AGENPARL) – WASHINGTON (D sab 16 gennaio 2021 WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (Bureau) filed a lawsuit against 1st Alliance Lending, LLC, John Christopher DiIorio, Kevin Robert St. Lawrence, and Socrates Aramburu for allegedly engaging in various unlawful mortgage-lending practices. 1st Alliance, based in Hartford, Connecticut,......
Agenparl English Salute Sicurezza Social Network

CPSC AND LUYUAN WARN CONSUMERS TO STOP USING LUYUAN YOUTH ATVS DUE TO CRASH HAZARD AND VIOLATION OF MANDATORY SAFETY STANDARD

Redazione
(AGENPARL) – BETHESDA (MARYLAND), ven 15 gennaio 2021 <!– –> Luyuan Gbmoto Monster-G Youth ATV (LY-ATV-40I) Luyuan Youth ATV (LY-ATV-40A) Luyuan Youth ATV (LY-ATV-40D) Luyuan Youth ATV (LY-ATV-40E) × Luyuan Gbmoto Monster-G Youth ATV (LY-ATV-40I) Luyuan Youth ATV (LY-ATV-40A) Luyuan Youth ATV (LY-ATV-40D) Luyuan Youth ATV (LY-ATV-40E) WASHINGTON, D.C. –The......
Agenparl English Scienza e Tecnologia Social Network

SMARTPHONE SHIPMENTS IN CHINA FELL 20.4% IN 2020: GOVERNMENT DATA

Redazione
(AGENPARL) – THE HAGUE (THE NETHERLANDS), lun 11 gennaio 2021 SHANGHAI (Reuters) – Domestic smartphone shipments in China in 2020 fell 20.4% from the previous year, government data released on Monday showed, as the number of handsets delivered to consumers dropped to 296 million from 372 million in 2019. The......
Agenparl English Salute Sicurezza Social Network

CPSC ISSUES CONSUMER SAFETY WARNING: SERIOUS INJURY OR DEATH CAN OCCUR IF LITHIUM-ION BATTERY CELLS ARE SEPARATED FROM BATTERY PACKS AND USED TO POWER DEVICES

Redazione
(AGENPARL) – BETHESDA (MARYLAND), sab 09 gennaio 2021 <!– –> WASHINGTON, D.C. – The U.S. Consumer Product Safety Commission (CPSC) is warning consumers not to buy or use loose 18650 lithium-ion battery cells. These cells are manufactured as industrial component parts of battery packs and are not intended for individual......
Agenparl English Scienza e Tecnologia Social Network

CHINESE WEB FIRMS ‘BULLYING’ CUSTOMERS WITH DATA, ALGORITHMS – CONSUMER WATCHDOG

Redazione
(AGENPARL) – THE HAGUE (THE NETHERLANDS), gio 07 gennaio 2021 BEIJING/SHANGHAI (Reuters) – Chinese internet companies have been violating customers’ rights by misusing personal data and “bullying” people into purchases and promotions, a government-backed consumer association said on Thursday. The statement from the China Consumers Association (CCA) did not name......
Agenparl English Politica Estera Social Network

CENTRAL CONSUMER PROTECTION AUTHORITY CONTINUES TO WORK TOWARDS THE PROTECTION OF THE INTEREST AND RIGHTS CONSUMERS

Redazione
(AGENPARL) – NEW DELHI (INDIA), ven 01 gennaio 2021 Ministry of Consumer Affairs, Food & Public Distribution Central Consumer Protection Authority continues to work towards the protection of the interest and rights consumersShow cause notices issued to companies for misleading and misguiding advertisements during Covid-19 pandemic Posted On: 01 JAN......
Agenparl English Economia Social Network

REGULATOR’S RECOMMENDATIONS: REMOTE SERVICES TO FINANCIAL CONSUMERS

Redazione
(AGENPARL) – MOSCOW (RUSSIA), gio 31 dicembre 2020 When selling financial products and services through websites and mobile applications, financial institutions should both maintain a high quality of their interactions with customers and respect consumer rights. This follows from the Bank of Russia’s recommendations. The regulator suggests that remote selling should not rely on agreements with a default customer’s consent to certain......

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