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Relationship Between Terms "Consumer" in Private Law and "Client" in Financial Market Law

Publication at Faculty of Law |
2014

Abstract

The paper deals with a definition of the term "consumer" in the legislation of private law, i.e. in the present Czech Civil Code and in the Civil Code that shall come into its force from 1st January 2014 too. Furthermore, the paper deals with a definition of the term "client" as the subject of services on the financial market in the financial market legislation.

The possibility to use the term "consumer" in the financial market legislation is analysed in detail. The business conduct supervision point of view is applied in the analysis as well.