On 22 November 2021, the European Commission commenced a public consultation with the aim of assessing whether the Mortgage Credit Directive is adapting to new challenges, including:

  1. Digitalisation;
  2. Sustainability;
  3. COVID-19; and
  4. The proposed revision of the Consumer Credit Directive.

The public consultation will close on 28 February 2022. The European Commission is seeking feedback from various stakeholders including public authorities, consumers, industry associations and mortgage providers.

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