Guarantee Funds in financial services:
Consumer defence in cases of insolvency of banks, insurance companies and investment services.

Most countries have periodically suffered from different degrees of financial crises sometime in their history.

It is not strange that these crises have been considered inseparable from economic activity, but the causes for these crises remain unknown. Factors such as the change in the economic situation and, specially, the wrong if not fraudulent management of operators are key elements in these crises. The history of financial crises is also the history of the attempts to avoid them happening again and to avoid their worst effects.

Some of the proposals to avoid this include the increase of information given to the consumers, the regulation and supervision of activities and the intervention of authorities. It is of key importance to know how the legal system deals with these situations of financial crises that affect companies offering financial services.