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Welcome to the website of the Financial Arbitration Board
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Welcome to the website of the Financial Arbitration Board

The Board

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The Board consists of members with a degree obtained from a university of law and bar examination and/or a degree obtained from a university of economics.

The Board members are organised into 5 departments. According to the division of labour among the individual departments, 3 departments deals with legal remedy cases related to the statutory settlement of credit, loan and financial lease – including car finance cases – transactions, while the staff of two departments handle other banking cases, i.e. not related to the statutory settlement, thus the disputes that arose in respect of the services provided by credit institutions, financial enterprises, insurers, funds and investment service providers.

The work of the departments is organised by the department heads, who are responsible for ensuring that cases assigned by the office to the departments are closed by the deadlines and in accordance with the legal provisions. Members of the panels or single member boards acting in the given case are appointed by the department heads. They monitor pending cases and ensure that deadlines are observed. They ensure that the workload is distributed proportionately; they report to the chair on the experiences gained during the operating activities, process these experiences, and make proposals for the legislation or modification of laws. The personal composition of the acting panels is not constant, and may also change due to work organisational reasons or for reasons of prevention. Pursuant to the legal provisions, in cases related to the statutory mandatory settlements the Board always acted in three-member panels, while traditional conciliation cases, i.e. “general” cases, are characterised by single-person proceedings.

The acting panels consist of three persons in each case, if possible, two economists and two lawyers constitute one panel, but the staff composition is not permanent. The panel is constituted by a member in charge of the cases, the chairperson of the meeting and the member responsible for keeping the minutes. Every member may be chairperson of the meeting, keeper of minutes and presenter in charge of the case in different proceedings and different cases. In the hearings the member appointed to be the presenter in the acting panel obtains the most thorough knowledge of the case and its documents, but the panel will develop a uniform professional opinion after consulting with the rest of the members.

From 1 January 2015 it has become possible for one member of the board to proceed in financial consumer legal disputes applying to an amount not exceeding fifty thousand forints, furthermore, those that mean a consumer petition of simple adjudication and contain a leniency application. The department head inspects in cases assigned to the group to establish whether the conditions of acting as a single board member exist. If yes, he appoints from the members of the department the board member to act alone. Any member of the department may be appointed as such. If a member is unable to deal with the case, the head of the department will change the assignment.

Members of the Board

 

Name

 

 

 

Qualifications:

Lawyer

 

 Qualifications:

Economist

Financial market sector

Insurance sector

Capital market sector

Funds sector

Dr. György Ágai

Member of the Board

 

X

 

X

X

 

Dr. Krisztina Banai

Member of the Board

X

 

 

X

 

 

Dr. Judit Cserépi

Member of the Board

X

 X

X

 

 

 

Dr. Zsuzsanna Gazda

Member of the Board

X

 

X

 

 

 

Dr. József Jávorszky

Member of the Board

Head of Department

X

 

X

 

X

 

Dr. Katalin Kántás-Barcsai

Member of the Board

X

 

X

 

 

 

Dr. Edina Kerek

Member of the Board

X

 

X

 

 

 

Dr. Erika Kovács

Member of the Board Chairperson

X

 

X

 

 

 

Dr. Anita Lakó

Member of the Board

X

 

X

 

 

 

Dr. Olga Nagy

Member of the Board

X

 

 

X

 

X

Dr. Ágnes Nagybali

Member of the Board

Head of Department

X

 

X

 

 

 

Dr. Orsolya Rózsavölgyi 

Member of the Board

X

X

X

 

 

 

Dr. Ádám Sebestyén

Member of the Board

Head of Department 

X

 

 

X

X

X

Dr.  Zsolt Sinkó

Member of the Board

Office director

X

 

X

 

 

 

Dr. Ildikó Katalin Szabó

Member of the Board

X

 

X

 

 

 

Dr. Krisztina Éva Szente

Member of the Board

X

 

X

 

 

 

Dr. Zsófia Eszter Szeremley

Member of the Board

X

 

X

 

 

 

Dr. Lajos Tamás Tarpai

 Member of the Board

X

 

X

 

 

 

Dr. Beatrix Viktória Világos

 Member of the Board

X

 

X

X

 

X

Zoltán Liptai

Member of the Board

 

X

X

 

 

 

Dr. Ágnes Mohosné  Jakab

Member of the Board

Head of Department

X

 

X

X

 

 

Klára Ilona Rajki

Member of the Board

 

X

X

 

 

 

Péter Szabó

Member of the Board

 

X

X