Seminar on financial ombudsman services in Great Britain starts in Yerevan
06.12.2007,
00:20
During the seminar main functions of financial ombudsman and its role in defending consumer rights in financial sector will be introduced to participants, the President of the Central Bank of Armenia (CBA) Tigran Sargsian said at the opening of the semina
YEREVAN, December 5. /ARKA/. A two-day seminar on services of financial ombudsman in Great Britain started in Yerevan Wednesday. During the seminar main functions of financial ombudsman and its role in defending consumer rights in financial sector will be introduced to participants, the President of the Central Bank of Armenia (CBA) Tigran Sargsian said at the opening of the seminar.
The experience of foreign colleagues will help Armenia form this institution in Armenia in a correct manner, Sargsian said. He reported that the concept of financial ombudsman in Armenia has been developed by CBA and will be submitted to the parliament for consideration.
One of the reporters at the seminar Corporate Director and Principal Ombudsman of Great Britain David Thomas said that a number of reports will be made during the seminar, including reports on history of financial ombudsman institution, the main spheres of services, management of the institution and its resources, relations with involved parties, as well as a range of issues most often considered by the institution in England.
Thomas reported that, together with his colleague, a leading ombudsman on banking and credit issues of Ombudsman’s Institute in Great Britain Jane Hingston, they will try to introduce the work of the structure. Davis expressed hope that this will help Armenian specialists.
Among the participants in the discussion will be representative of Armenia’s President administration, ministries dealing with economic issues, Judicial Department, Cassation Court of Armenia, Ministry of Justice, the Central Bank and the Union of Banks of Armenia, Association of Insurers, as well as public organization on consumer rights in Armenia.–0—
The experience of foreign colleagues will help Armenia form this institution in Armenia in a correct manner, Sargsian said. He reported that the concept of financial ombudsman in Armenia has been developed by CBA and will be submitted to the parliament for consideration.
One of the reporters at the seminar Corporate Director and Principal Ombudsman of Great Britain David Thomas said that a number of reports will be made during the seminar, including reports on history of financial ombudsman institution, the main spheres of services, management of the institution and its resources, relations with involved parties, as well as a range of issues most often considered by the institution in England.
Thomas reported that, together with his colleague, a leading ombudsman on banking and credit issues of Ombudsman’s Institute in Great Britain Jane Hingston, they will try to introduce the work of the structure. Davis expressed hope that this will help Armenian specialists.
Among the participants in the discussion will be representative of Armenia’s President administration, ministries dealing with economic issues, Judicial Department, Cassation Court of Armenia, Ministry of Justice, the Central Bank and the Union of Banks of Armenia, Association of Insurers, as well as public organization on consumer rights in Armenia.–0—
