사후적 피해구제제도 개선을 통한 금융소비자보호법 실효성 제고 방안

The 「Act on the Protection of Financial Consumers」, which is expected to take effect in March 2021, strengthens the provision of prior information to financial consumers, integrates the six principles of sales practices, strengthens the dispute resolution function of the Financial Dispute Mediation Committee, and punishes financial companies. As effective legislation to protect financial consumers, such as the introduction of red penalties, took a long time to enact legislation, great expectations have been raised in terms of improving the financial consumer protection system in the future. It is expected that the system to protect financial consumers distributed among various laws and institutions as much as possible into a unified law while introducing various systems for more effective financial consumer protection will bring about a significant change as the biggest advantage of the law. However, there are some unfortunate aspects of financial consumers’ ex-post remedy. Reduction of litigation cost and increase in effectiveness of protection of victims through the introduction of a one-sided binding force on the mediation of the dispute mediation committee that has been continuously raised from the House of Representatives, the introduction of a collective dispute mediation system and a class action law, and the punitive damages system In addition, by relieving the damages of investors through the introduction, while actively discussing the ex-post remedies, such as collateral for voluntary compliance efforts by financial companies, etc., the establishment of a more effective framework for protecting financial consumers before the law is enforced You will need to actively review.