Consumer Credit: Explore new credit directive & current legal challenges

Consumer Credit

Brussel 25/06/2024

Last Tuesday, Dominique, Johannes and Prescillia had the privilege of speaking at a conference which explored the intricacies of credit law considering the market transformations towards greater use of digital means & artificial intelligence and the integration of ESG factors in granting loans.

 Dominique and Prescillia looked at the challenges and opportunities in consumer credit, discussing the implementation of the new Consumer Credit Directive, pre-contractual obligations and the latest rules on tying and bundling practices. They also examined the recent case law of the Court of Justice of the European Union in this area.

 Johannes provided insights into the use of AI for credit risk assessment and 'near-instant' decision making, based on a practical example