Article 45

Path:
Mortgage Credit Directive (MCD) > CHAPTER 14 > Article 45
Title:
Article 45
Description: 
Further initiatives on responsible lending and borrowing
Main content: 

By 21 March 2019, the Commission shall submit a comprehensive report assessing the wider challenges of private over-indebtedness directly linked to credit activity. It will also examine the need for the supervision of credit registers and the possibility for the development of more flexible and reliable markets. That report shall be accompanied, where appropriate, by legislative proposals.