Extrajudicial conciliation in the financial services sector

The signatories of the code of conduct also set up an independent ombudsman’s office in 2015.

The Czech Bar Association will be an intermediary of negotiations between consumers and lawyers in disputes between the consumer and the lawyer.

The use of an alternative office of arbitration is not an overriding prerequisite for calling on the regular courts responsible.

The use of an alternative dispute resolution body does not represent a necessary condition for going to an ordinary court of competent jurisdiction.

The availment of an alternative arbitration body constitutes no imperative prerequisite for bringing proceedings to competent ordinary courts.

The use of an alternative dispute arbitration authority is not a mandatory prerequisite for invoking the ordinary competent courts.

The availment of an alternative arbitration body constitutes no imperative prerequisite for bringing proceedings to competent ordinary courts.

The use of an alternative dispute arbitration authority is not a mandatory prerequisite for invoking the ordinary competent courts.

Therefore there should be a better regulation on dealing with off-label products as well as an arbitration board for cases of dispute.

The latter, as we have said, was designed more as a conciliatory body than a controlling authority and previously had no power to impose any fines.

Lenin attacked bourgeois and petty-bourgeois ideologists who “’correct’ Marx in such a way as to make it appear that the state is an organ “for the reconciliation of classes.” [22]