ARKA News Agency, Armenia
Dec 5 2007
Seminar on financial ombudsman services in Great Britain starts in
Yerevan
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 –