 Regulatory Framework of the Consumer Credits Market in EuropeMaria Lissowska ()
Chapter Chapter 4 in Consumer Credit in Europe, 2021, pp 57-89 from Springer Abstract: Abstract This chapter explains the role of law in the finance sector, focusing in particular on European law protecting consumers in this sector. It describes the principal legislation for the consumer credits market, namely the Consumer Credits Directive of 2008. It presents the history of its introduction and the level of compliance of market players with this legislation and possible reasons for incomplete compliance. It describes also the relevant elements of some other European legislation relevant for shaping the consumer credits market (Distance Marketing of Financial Services Directive, Directive on Residential Credits, Directive on Unfair Contract Terms and Directive on Unfair Commercial Practices). Following on from chapter three presenting the challenges of technological and organizational changes ongoing on the European consumer credits market it indicates the expected adjustments to laws regulating this market. Keywords: Consumer protection; Consumer credits; European legislation; Enforcement of law; G21; K42; P46 (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-88231-0_4 Ordering information: This item can be ordered from DOI: 10.1007/978-3-030-88231-0_4 Access Statistics for this chapter More chapters in Springer Books from Springer |
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