The EBF noted the adoption of the CCD after some six years of intense discussions as a first signal towards further integration but raised a number of reservations. The EBF fears that the text generates doubts as to whether this directive will really help build a more integrated and competitive consumer credit market in Europe.
“Too many national discretions still remain”, said Guido Ravoet, Secretary General of the EBF. “It is crucial that national implementation is as consistent as possible.”
© EBF
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