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Source: EUR-Lex

Judgment of the Court of Justice of the European Union of 6 July 2017 (Fourth Chamber) in Case C-290/16 Air Berlin plc & Co. Luftverkehrs KG v Bundesverband der Verbraucherzentralen und Verbraucherverbände - Verbraucherzentrale Bundesverband eV: The Court of Justice has held that the charging by the airline "Air Berlin" of an individual charge of EUR 25 per passenger and a fixed deduction in respect of financial posts as management costs in the event of cancellation of detention or in case of no boarding can be checked and canceled by the competent courts as abusive. General Terms of Transaction within the meaning of Directive 93/13 / EEC on unfair terms of consumer contracts./ The Directive also applies to air transport contracts and, in this context, airlines can not charge handling costs to consumers for fulfilling their own obligation without this ...

Source: Cyprus Mail

An administrative fine of € 170,000 was imposed by the Consumer Protection Agency at Bank of Cyprus for unfair commercial practices. The relevant announcement reads as follows: "The Consumer Protection Service announces the adoption of an administrative decision against Bank of Cyprus for breach of the Unfair Commercial Practices of Businesses to Consumers Law. The decision concerns an own-initiative inquiry carried out by the Office in relation to bank practices in consumer mortgage contracts. The Office, exercising the powers granted to it in

Source: ISO

The Cyprus Organization for Standardization (CYS) organizes Thursday, September 14, 2017, a workshop on "ISO 37001 Anti-corruption Management System: An Effective Anti-Corruption Tool". The workshop will take place at the Bank of Cyprus Administration (Agia Paraskevi) in Nicosia and is open to all interested parties. The main speaker will be Mr. Neill Stansbury, who is also the Chairman of the International Standardization Committee ISO / PC 278 Anti-bribery management systems that developed this standard.