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Europe Daily Bulletin No. 11222

20 December 2014
Contents Publication in full By article 34 / 38
COURT OF JUSTICE OF THE EU / (ae) consumers
Creditors must prove that they have fulfilled their obligations

Brussels, 19/12/2014 (Agence Europe) - Although Community law makes creditors responsible for the obligation to provide information and explanations so that borrowers can make an informed choice when subscribing to a loan, it fails to specify who is responsible for proving that creditors have indeed fulfilled these obligations.

In a verdict (case C-449/13) returned on Thursday 18 December, the Court of Justice clarified this grey area. It is not the responsibility of the consumer to provide...

Contents

ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EDUCATION
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU