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Liability for Damage Caused at the Pursuit of Financial Advisory

Author

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  • Slezáková Andrea

    (University of Economics in Bratislava, Faculty of Commerce, Department of Business Law, Dolnozemská cesta 1, 852 35 Bratislava)

Abstract

The Act No 186/2009 Coll. on financial intermediation and financial advisory and on amendments and supplements to certain laws is reflecting on the topic of liability. It is incorporating provisions about the liability for damage at the pursuit of financial advisory. The attention is being paid to the liability for damage caused to the professional or non-professional client at the pursuit of financial advisory. In accordance with the element of the liability legal relationship, the subjective aspect, the liability for damage caused at the pursuit of financial advisory represents a subjective liability, where fault is necessary. Our proposal de lege ferenda is the introduction of strict liability for damage caused at the pursuit of financial advisory.

Suggested Citation

  • Slezáková Andrea, 2017. "Liability for Damage Caused at the Pursuit of Financial Advisory," Studia Commercialia Bratislavensia, Sciendo, vol. 10(37), pages 66-73, June.
    • Handle: RePEc:vrs:stcomb:v:10:y:2017:i:37:p:66-73:n:3
    DOI: 10.1515/stcb-2017-0006
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    More about this item

    Keywords

    Financial advisory; client; liability for damage; the liability legal relationship;
    All these keywords.

    JEL classification:

    • K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
    • K15 - Law and Economics - - Basic Areas of Law - - - Civil Law; Common Law
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law

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