Bankers and insurers have discussed the Code of Professional Ethics

Tuesday, March 29, chaired by the Vice Chairman of the Antimonopoly Committee of Ukraine (ACU) Helena Chernelevskoy discussed the revised draft Code of Professional Ethics in the field of cooperation between banks and insurance companies. About this LIGA.Finansy told the press service of AMC. Need to establish a code, according to AMC, was due to vЂ <vЂ <a lot of problems in these markets, the lack of rules of conduct of banks, insurers and individuals interested in providing their own services. Given this, AMC has initiated developments of the agreed proposals to address these areas with scientific experts, representatives of the Association "Ukrainian Insurance Federation, the League of Insurance Organizations of Ukraine, banks and insurance companies. In the discussion, the main participants and regulators of markets for banking and insurance services made their constructive comments and suggestions to the Code. "Code of Ethics is intended to balance the interests of participants of banking and insurance services, respectively, will have a positive impact on consumers - said in an address to the meeting E. Chernelevskaya. - The new mechanism will increase the level of integrity, transparency and openness in these areas. Document comfortable terms of use should become a reference book on the desk of each employee of a bank or insurance company. Based on the discussions, the draft Code approved by the parties, is expected to be in the direction of AMC as an application for concerted action. Source: LІGA.Finansy