Reinforced Protections for Financial Consumers in Colombia

Corporate attorney Sofia Carvajal published an article in Asuntos Legales detailing new protections for financial consumers in Colombia. The country's Financial Superintendency recently issued External Circular 015, which amended the Basic Judicial Circular No. 029 of 2014 to reinforce provisions related to access and information as well as promote the just treatment and protection of consumers within regulated financial entities. In this article, Ms. Carvajal describes the changes introduced by the circular and offers some strategies for compliance.

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