Europe

The following issue updates are available for Europe.

Distance marketing directive of consumer financial services

9 July 2009 | This page describes the impact of the EU Directive on Distance Marketing, which applies to secured and unsecured loans where the whole transaction has been completed without there having been any face-to-face contact between the customer and the product provider or intermediary.

EU Directive on responsible lending and borrowing

30 July 2010 | Provides an update on the proposed EU Directive on responsible lending and borrowing expected towards the end of 2010. A copy of the Commission's working paper on the Directive is included on which comments are invited.

European Code of Conduct

23 July 2010 | Explains what the European Code of Conduct is and its impact for UK lenders.

Lending to foreign nationals

9 July 2009 | Provides guidance for lenders on what to consider when lending to foreign nationals.

Unfair Commercial Practices - EU directive

9 July 2009 | The Unfair Commercial Practices Directive was adopted by the European Union on 11 May 2005. It was due to be transposed into UK law by 12 June 2007 and implemented 12 months later. This update draws attention to the Consumer Protection Regulations 2008 (SI 2008 No 1277), which came into effect on 26 May 2008.