Consultation on Responsible Lending and Borrowing in the EU

Policy field(s)
Internal market, Responsible lending

Target group(s)
All citizens and organisations were welcome to contribute to this consultation. Contributions were particularly sought from consumer organisations, the financial services industry and public authorities.

Period of consultation
From 15.6.2009 to 31.8.2009

Objective of the consultation
In its Communication to the Spring European Council Driving European Recovery of 4 March 2009 – COM(2009)114, available at http://ec.europa.eu/commission_barroso/president/index_en.htm – the European Commission undertook to come forward with measures at EU level on responsible lending and borrowing, including a reliable framework on credit intermediation, in the context of delivering responsible and reliable markets for the future and restoring consumer confidence. Building on previous consultations and policy development in the area of retail financial services, and especially mortgage credit, this consultation sought to strengthen and deepen the Commission services’ understanding of the remaining issues surrounding responsible lending and borrowing, and to inform our analysis of the varying policy options in this area. The objective of this consultation was to collect stakeholders reactions to the issues raised in the consultation document.

View the consultation document
Consultation on Responsible Lending and Borrowing in the EU PDF - 78 KBEnglish

Contact details
Responsible service: DG Internal Market and Services, Unit H3 – Retail issues, consumer policy and payment services
E-mail: markt-retail-consultation@ec.europa.eu
Postal address: European Commission, SPA2 4/69, BE-1049 Brussels

Number of responses received to this consultation

View the contributions
In the interests of transparency, organisations have been invited to provide the public with relevant information about themselves by registering in the Commission's Interest Representative Register and subscribing to its Code of Conduct. If the organisation is not registered, the submission is published separately from the registered organisations.

Results of consultation and next steps

Last update: 06-07-2011