Financial law

The FINANCIAL OMBUDSMAN of the Republic of Cyprus and complaints against financial businesses

Any individual can submit a complaint to the Financial Ombudsman against financial businesses, regarding a protest or objection or dispute of value up to the amount of one hundred and seventy thousand euro (€ 170.000), provided that the conditions are cumulatively met, under provision of articles 9 and 10 of the Law 84(Ι)/2010, as amended or replaced. These conditions are as follows: (a) The complaint is submitted by a consumer. READ MORE