#2026/124Finansal Hizmetler (Belirlenmiş Tüketici Kuruluşu ve Belirlenmiş Temsilci Kuruluş) Emri 2026
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This law designates the Money and Mental Health Policy Institute as a special organization that can represent consumers and provide support in financial matters. It affects consumers dealing with financial services, particularly those with mental health issues, by ensuring they have a voice in financial decisions that impact them.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- Money and Mental Health Policy Institute is officially recognized as a designated consumer body.
- The institute can now act as a representative body for consumers in financial matters.
- This designation enhances the support available for consumers with mental health issues.
Obligations
What this law requires
Recognize the Money and Mental Health Policy Institute as a designated consumer body under section 234C(2) of the Financial Services and Markets Act 2000
Recognize the Money and Mental Health Policy Institute as a designated representative body under section 68(2) of the Financial Services (Banking Reform) Act 2013
Accept representations and submissions from the Money and Mental Health Policy Institute in matters concerning consumer protection and financial services
Provide the Money and Mental Health Policy Institute access to relevant information and consultation processes as required for designated consumer and representative bodies