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ABBL Position Paper Consumer credit directive

Published on 01 November 2021

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Executive summary

Published in November 2021, this ABBL position paper comments on the proposed revision of the EU Consumer Credit Directive, supporting modernisation and digitalisation while calling for proportional, risk-based requirements, balanced disclosure obligations and a level playing field, and opposing interest rate caps that could restrict access to credit.

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The Luxembourg Bankers’ Association (ABBL) promotes the sustainable development of regulated, innovative and responsible financial services.

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ABBL Position Paper Consumer credit directive

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