UK tells European Commission it will not apply CCD to mortgage lending

The UK Treasury and the Financial Services Authority (FSA) have penned a joint response to a questionnaire from the European Commission, saying there are no plans to extend the Consumer Credit Directive (CCD) to cover mortgage lending in the UK.
   
The letter to the Government Expert Group on Mortgage Credit says the UK seeks to harmonise regulations between unsecured and secured lending to aid consumer understanding where possible, but it also highlights that UK regulations are tailored to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here