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Mortgage Credit Directive In force since 4 February 2014

Directive 2014/17/EU on credit agreements for consumers relating to residential immovable property
32014L0017 · official text on EUR-Lex

Articles

Chapter 1 SUBJECT MATTER, SCOPE, DEFINITIONS AND COMPETENT AUTHORITIES

• Article 1 — Subject matter
• Article 2 — Level of harmonisation
• Article 3 — Scope
• Article 4 — Definitions
• Article 5 — Competent authorities

Chapter 2 FINANCIAL EDUCATION

• Article 6 — Financial education of consumers

Chapter 3 CONDITIONS APPLICABLE TO CREDITORS, CREDIT INTERMEDIARIES AND APPOINTED REPRESENTATIVES

• Article 7 — Conduct of business obligations when providing credit to consumers
• Article 8 — Obligation to provide information free of charge to consumers
• Article 9 — Knowledge and competence requirements for staff

Chapter 4 INFORMATION AND PRACTICES PRELIMINARY TO THE CONCLUSION OF THE CREDIT AGREEMENT

• Article 10 — General provisions applicable to advertising and marketing
• Article 11 — Standard information to be included in advertising
• Article 12 — Tying and bundling practices
• Article 13 — General information
• Article 14 — Pre-contractual information
• Article 15 — Information requirements concerning credit intermediaries and appointed representatives
• Article 16 — Adequate explanations

Chapter 5 ANNUAL PERCENTAGE RATE OF CHARGE

• Article 17 — Calculation of the APRC

Chapter 6 CREDITWORTHINESS ASSESSMENT

• Article 18 — Obligation to assess the creditworthiness of the consumer
• Article 19 — Property valuation
• Article 20 — Disclosure and verification of consumer information

Chapter 7 DATABASE ACCESS

• Article 21 — Database access

Chapter 8 ADVISORY SERVICES

• Article 22 — Standards for advisory services

Chapter 9 FOREIGN CURRENCY LOANS AND VARIABLE RATE LOANS

• Article 23 — Foreign currency loans
• Article 24 — Variable rate credits

Chapter 10 SOUND EXECUTION OF CREDIT AGREEMENTS AND RELATED RIGHTS

• Article 25 — Early repayment
• Article 26 — Flexible and reliable markets
• Article 27 — Information concerning changes in the borrowing rate
• Article 28 — Arrears and foreclosure

Chapter 11 REQUIREMENTS FOR ESTABLISHMENT AND SUPERVISION OF CREDIT INTERMEDIARIES AND APPOINTED REPRESENTATIVES

• Article 29 — Admission of credit intermediaries
• Article 30 — Credit intermediaries tied to only one creditor
• Article 31 — Appointed representatives
• Article 32 — Freedom of establishment and freedom to provide services by credit intermediaries
• Article 33 — Withdrawal of admission of credit intermediaries
• Article 34 — Supervision of credit intermediaries and appointed representatives

Chapter 12 ADMISSION AND SUPERVISION OF NON-CREDIT INSTITUTIONS

• Article 35 — Admission and supervision of non-credit institutions

Chapter 13 COOPERATION BETWEEN COMPETENT AUTHORITIES OF DIFFERENT MEMBER STATES

• Article 36 — Obligation to cooperate
• Article 37 — Settlement of disagreements between competent authorities of different Member States

Chapter 14 FINAL PROVISIONS

• Article 38 — Sanctions
• Article 39 — Dispute resolution mechanisms
• Article 40 — Exercise of the delegation
• Article 41 — Imperative nature of this Directive
• Article 42 — Transposition
• Article 43 — Transitional provisions
• Article 44 — Review clause
• Article 45 — Further initiatives on responsible lending and borrowing
• Article 46 — Amendment of Directive 2008/48/EC
• Article 47 — Amendment of Directive 2013/36/EU
• Article 48 — Amendment of Regulation (EU) No 1093/2010
• Article 49 — Entry into force
• Article 50 — Addressees