UNIVERSAL DECLARATION OF BANK AND FINANCIAL SERVICE USER RIGHTS

Since time immemorial contradictions between opposing groups, or apparently opposing groups, have always germinated into a communion of fecund interests. This is not however a reediting of Marxism –thesis, antithesis and synthesis- given that the end we invoke as natural and productive is conciliation and peaceful surmounting, even when acknowledging that certain activities, due to the severity of their content and the social importance of their development exact a harsh struggle for positioning, which in many cases is conflictive and irreconcilable, with only those capable of seeing beyond their immediate minute world are capable of overcoming. Thus financial activity is essential, representing a main factor for individual development of persons and global development of societies. It holds a dual significance as a guarantor of savings, representing a valuable asset that generates security and freedom, and as a provider of credit, as an invaluable lever for development and opportunities. An activity as relevant as this requires clear measures for action, a prefixed finality that is both evident and understandable, balance between the parts so that credit can exist without any abuse and so that savings can be guaranteed for the depositors. For this a system must be created that will promote the best of the operators themselves in virtue of a system that is truly competitive and open to new initiatives, while in turn establishing guarantees pertaining to the radical secret nature of the personal information that is handled, given the traffic and sensitivity of the information that the financial system undertakes. Abuse must be extirpated from the Financial System, in all its facets, insuring that the principles that are laid-out for a strong and trustworthy Financial System will be coherently developed around the world, in view of the fact that the entire world is financially interconnected and systematic risk is no longer a regional matter, but a worldwide matter. The Universal Declaration of Bank and Financial Service User Rights represents a Spanish contribution to these aims of freedom, fair balance and sustainable development, along with transparency in the actions and finalities.

During this month of September and the first few days of October, AUSBANC International will be presenting the above-outlined Declaration in Salamanca, the same in virtue of the union between Banks, Savings Banks and Rural Savings Banks in Spain, representing a preparatory event for the 2005 XV Iberoamerican Summit of Presidents and Heads of State, to thus achieve fecund communion with a ecumenical vocation. The Banco Santander, Banco Pastor, Caja Duero, La Caixa, Bancaja, Caja Murcia, Caixa Galicia, BBK, Cajamar, Caja Rural de Toledo, Ibercaja and companies such as the Corté Inglés, Repsol, etc., will all be present. Our motivation is to make history based on the Civil Society, humbly although with determination, never failing with a decisive will and with a commitment from all the participants to submit said text at as many assemblies, forums, committees or meetings as possible. Thus continuing until the International Monetary Fund is reached, as well as the World Bank and finally the U.N. So, we will be looking forward to seeing each other in Salamanca. Remember that we are unrepeatable, you and us, reason why we can and must put forward important goals.



AUSBANC INTERNACIONAL The Universal Declaration of Bank and Financial Service Users Rights
ORGANIZA





Presentation

UNIVERSAL DECLARATION OF BANK AND FINANCIAL SERVICE USER RIGHTS Since time immemorial contradictions between opposing groups, or apparently opposing groups, have always germinated into a communion of fecund interests. This is not however a reediting of Marxism –thesis, antithesis and synthesis- given that the end we invoke as natural and productive is conciliation and peaceful surmounting, even when acknowledging that certain activities, due to the severity of their content and the social importance of their development exact a harsh struggle for positioning, which in many cases is conflictive and irreconcilable, with only those capable of seeing beyond their immediate minute world are capable of overcoming. Thus financial activity is essential, representing a main factor for individual development of persons and global development of societies. It holds a dual significance as a guarantor of savings, representing a valuable asset that generates security and freedom, and as a provider of credit, as an invaluable lever for development and opportunities. An activity as relevant as this requires clear measures for action, a prefixed finality that is both evident and understandable, balance between the parts so that credit can exist without any abuse and so that savings can be guaranteed for the depositors. For this a system must be created that will promote the best of the operators themselves in virtue of a system that is truly competitive and open to new initiatives, while in turn establishing guarantees pertaining to the radical secret nature of the personal information that is handled, given the traffic and sensitivity of the information that the financial system undertakes. Abuse must be extirpated from the Financial System, in all its facets, insuring that the principles that are laid-out for a strong and trustworthy Financial System will be coherently developed around the world, in view of the fact that the entire world is financially interconnected and systematic risk is no longer a regional matter, but a worldwide matter. The Universal Declaration of Bank and Financial Service User Rights represents a Spanish contribution to these aims of freedom, fair balance and sustainable development, along with transparency in the actions and finalities. During this month of September and the first few days of October, AUSBANC International will be presenting the above-outlined Declaration in Salamanca, the same in virtue of the union between Banks, Savings Banks and Rural Savings Banks in Spain, representing a preparatory event for the 2005 XV Iberoamerican Summit of Presidents and Heads of State, to thus achieve fecund communion with a ecumenical vocation. The Banco Santander, Banco Pastor, Caja Duero, La Caixa, Bancaja, Caja Murcia, Caixa Galicia, BBK, Cajamar, Caja Rural de Toledo, Ibercaja and companies such as the Corté Inglés, Repsol, etc., will all be present. Our motivation is to make history based on the Civil Society, humbly although with determination, never failing with a decisive will and with a commitment from all the participants to submit said text at as many assemblies, forums, committees or meetings as possible. Thus continuing until the International Monetary Fund is reached, as well as the World Bank and finally the U.N. So, we will be looking forward to seeing each other in Salamanca. Remember that we are unrepeatable, you and us, reason why we can and must put forward important goals.