login
login

Europe Daily Bulletin No. 12435

28 February 2020
Contents Publication in full By article 13 / 29
COURT OF JUSTICE OF THE EU / Consumers
Requiring a borrower to domicile their income in an account of bank which provided a loan infringes EU law, according to Advocate-General
Brussels, 27/02/2020 (Agence Europe)

The French rule, which allows a bank to require a borrower – in return for an individualised advantage – to direct their salary or similar income to a payment account for a period fixed by the loan contract, are not in conformity with European Union law, said Advocate-General Henrik Saugmandsgaard Øe in his Opinion delivered on Thursday 27 February (Case C-778/18).

A dispute has arisen between the Association française des usagers de banques (AFUB), a consumer association, and the...

Contents

BEACONS
EXTERNAL ACTION
SECTORAL POLICIES
COURT OF JUSTICE OF THE EU
SECURITY - DEFENCE
COUNCIL OF EUROPE
NEWS BRIEFS