ADICAE is a Spanish consumer organisation specializing in the protection, training, complaint, claim information and the rights of banking and insurance service users. ADICAE was founded in 1990 and has established itself as one of the largest consumer associations with a nationwide presence. ADICAE is a member of the Council of Consumers and Users of
Saving Banco Popular… On the 7th of June, the European Commission approved the rules for the rescue plan of Banco Popular proposed by the Single Resolution Board under the EU bank recovery and resolution directive. The Bank was sold to Santander for a symbolic €1. The Commission endorsed the resolution scheme because the conditions for
IMPORTANT ANNOUNCEMENT FOR ALL SHAREHOLDERS OF BANCO POPULAR: protect your investment in Banco Popular…
On October 27, ATM, the Portuguese Investors Association and member of BETTER FINANCE, filed two class actions in the Administrative Court of Lisbon in defense of small shareholders and holders of subordinated bonds of Banco Espirito Santo, aggrieved by the decisions taken by the Portuguese State that determined the creation of the New Bank with assets held
ATM, the Portuguese Investors Association and member of BETTER FINANCE, is finalising a class action aimed at holding the Portuguese State responsible for Banco Espirito Santo’ losses and seeking redress for damages with consequent compensation for investors. All ATM members (or associate members of SEFIN – the Portuguese Association of Users and Consumers of Financial Products and Services – as well
“Es el sentido de conservación innato de la gente el que ha mantenido nuestro dinero a flote a pesar de las fantásticas artimañas que las financieras hacen – y las cuales cubren con tecnicismos y términos rebuscados. La gente está del lado de una moneda sólida. Están tan inalterablemente del lado de una moneda sólida,
Collective Redress Directive – a directive for initiating court actions against companies who infringe consumers rights