Equity Release Financial Products (S.L. 371.21)

Sommaire

1. Art. 1 Citation and aim.
2. PART II
3. Art. 2 Interpretation. Cap. 330. Cap. 318. Cap. 586. Cap. 376. Cap. 330. Cap. 55.
4. PART III
5. Art. 3 Scope and application.
6. Art. 4 Undertaking against negative equity and no additional security.
7. PART IV
8. Art. 5 Competent authority. Cap. 9.
9. Art. 6 Powers and duties of the competent authority.
10. Art. 7 Enforcement and monitoring.
11. Art. 8 Investigations.
12. Art. 9 Right of entry to obtain information and documents.
13. PART V
14. Art. 10 Financial education of consumers.
15. PART VI
16. Art. 11 Obligation to comply with regulations.
17. Art. 12 Obligation to provide informationfreeof charge to consumers.
18. Art. 13 Conduct of business obligations when providing credit to consumers. Cap. 318. Cap. 318.
19. Art. 14 Knowledge and competence requirements for staff.
20. PART VII
21. Art. 15 Obligation to provide pre- contractual information. S.L. 330.07. S.L. 330.07. S.L. 330.07. S.L. 330.07.
22. Art. 16 Adequate explanations.
23. Art. 17 Content of pre- contractual information.
24. PART VIII
25. Art. 18 Standards for advisory services.
26. PART IX
27. Art. 19 Collection and processing of personal data.
28. PART X
29. Art. 20 Property valuation.
30. PART XI
31. Art. 21 Right to receive copy of the credit agreement. Cap. 55.
32. Art. 22 Content of the credit agreement.
33. Art. 23 Early repayment.
34. Art. 24 Assignment of rights and set-off. Cap. 16.
35. Art. 25 Variable rate credits.
36. PART XII
37. Art. 26 Obligation to disclose correct information.
38. PART XIII
39. Art. 27 Advertising. Cap. 378.
40. Art. 28 Tying and bundling practices.
41. Art. 29 Annualpercentage rate of charge.
42. Art. 30 Suspected breaches.
43. Art. 31 Obstruction.
44. Art. 32 Duties of officers.
45. Art. 33 Administrative fines.
46. Art. 34 Powers of the competent authority to impose administrative fines. Cap. 12.
47. Art. 35 Right to appeal from a decision or measure of the competent authority. Cap. 330.
48. Art. 36 Publication of administrative fines.
49. Art. 37 Regulations to prevail.
50. Art. 38 Complaints. Cap. 555.
51. Art. 39 Office of the Arbiter for Financial Services.
52. Art. 40 Transitional provisions.