Samstag, 24. Mai 2014
Report on the implementation of the Consumer Credit Directive (May 2014)
The Commission is required to prepare every five years a report on the implementation of the Directive, and in particular assess the relevance of thresholds applied in the Directive and the percentages used for the compensation payable in the event of early repayment. The Commission has also the duty of monitoring the effects of existence of regulatory choices available to the Member States.In this context, the Commission adopted on 14 may 2014 the Report on the implementation of the Directive .