Follow Us

Follow us on Twitter  Follow us on LinkedIn
 

08 May 2013

欧州連合理事会の常駐代表委員会が住宅ローンに関する指令について欧州議会と合意


Default: Change to:


The Permanent Representatives Committee today approved a compromise text agreed with the EP on 22 April on legislation aimed at creating a genuine internal market for mortgage credit, with a high degree of consumer protection.


The Presidency will confirm to the Parliament the Council's approval of the text, enabling adoption of the legislation at first reading.

The draft directive sets out to to create an efficient and competitive single market for consumers, creditors and credit intermediaries. It seeks to establish a high level of protection whilst addressing irresponsible lending and borrowing which, in the recent context of financial crisis, has contributed to increased numbers of unaffordable loans, defaults and foreclosures throughout the EU. The text also seeks to promote financial stability by ensuring that mortgage credit markets operate in a responsible manner.

EU rules on misleading advertising and on unfair terms in consumer contracts do not take account of the specificities of mortgage credit. Pre-contractual information for mortgage loans is the subject of a voluntary code of conduct, though its implementation has been inconsistent. Mortgage and renovation loans in excess of €75,000 are outside the scope of EU rules on consumer credit, and there are currently no EU requirements for non-credit institutions providing credit or for credit intermediairies.

Press release

See also New Rules for European Mortgage Industry Agreed © Irish Presidency



© European Council


< Next Previous >
Key
 Hover over the blue highlighted text to view the acronym meaning
Hover over these icons for more information



Add new comment