Activities of Arlene McCARTHY related to 2012/2037(INI)
Shadow opinions (1)
OPINION on the implementation of the Consumer Credit Directive 2008/48/EC
Amendments (2)
Amendment 4 #
Draft opinion
Paragraph 1
Paragraph 1
1. Calls for financial institutions to be required to provide consumers with adequatfull and easily understandable information regarding the risks involved in foreign currency lending and the impact on instalments of a severe depreciation of the legal tender of the Member State in which a consumer is domiciled and of an increase of the foreign interest rate; considers that this information should be included in any advertising concerning consumer credit agreements in foreign currency, in pre- contractual information, and in consumer credit agreements;
Amendment 30 #
Draft opinion
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Calls on the Commission to present to the European Parliament and the Council an assessment report on the implementation of the Directive and a full assessment of its impact regarding consumer protection taking into account the consequences from the financial crisis and the new EU legal framework for financial services;