With the entry into force in Argentina of the Nuevo Codigo Civil y Comercial de la Nacion in 2015, the previous Civil Code and the Commercial Code were replaced and unified within a single legal text, with the aim of simplifying and updating the rules governing social coexistence in Argentina. Such a “re-codification” process stems from the need to tidy excessive fragmentation, arising especially in the general discipline of contracts. The new regulatory framework brings together , along with the various new forms of trade negotiation, also the consumer contract, providing “minimum” transparency obligations for contract terms and including the protection of the banks and financial institutions clients as well. The solution is different from the one adopted in Italy, where, the freedom and negotiating autonomy of the parties were more strongly “sacrificed” in the reception of the European legislation on the banking and financial markets in order to protect its stability, efficiency and competitiveness, in favor of a special legislation of mandatory nature, albeit within the principles of the contract in general.

Corapi, E. (2016). The Nuevo Codigo Civil y Comercial de la Nacion Argentina and the obligation of transparency in banking consumer contracts. DIRITTO DEL COMMERCIO INTERNAZIONALE(30/4), 885-899.

The Nuevo Codigo Civil y Comercial de la Nacion Argentina and the obligation of transparency in banking consumer contracts

CORAPI, ELISABETTA
2016-10

Abstract

With the entry into force in Argentina of the Nuevo Codigo Civil y Comercial de la Nacion in 2015, the previous Civil Code and the Commercial Code were replaced and unified within a single legal text, with the aim of simplifying and updating the rules governing social coexistence in Argentina. Such a “re-codification” process stems from the need to tidy excessive fragmentation, arising especially in the general discipline of contracts. The new regulatory framework brings together , along with the various new forms of trade negotiation, also the consumer contract, providing “minimum” transparency obligations for contract terms and including the protection of the banks and financial institutions clients as well. The solution is different from the one adopted in Italy, where, the freedom and negotiating autonomy of the parties were more strongly “sacrificed” in the reception of the European legislation on the banking and financial markets in order to protect its stability, efficiency and competitiveness, in favor of a special legislation of mandatory nature, albeit within the principles of the contract in general.
Pubblicato
Rilevanza internazionale
Articolo
Comitato scientifico
Settore IUS/02 - Diritto Privato Comparato
English
Corapi, E. (2016). The Nuevo Codigo Civil y Comercial de la Nacion Argentina and the obligation of transparency in banking consumer contracts. DIRITTO DEL COMMERCIO INTERNAZIONALE(30/4), 885-899.
Corapi, E
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/2108/171015
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