Regulatory Alerts2024-12-24
CSSF Circular 24/869 Update of Circular 17/651 on Consumer Credit Agreements for Residential Property
The Commission de Surveillance du Secteur Financier issued Circular 24/869 to update Circular 17/651 regarding the Law of 23 December 2016. This update transposes Directive 2014/17/EU concerning credit agreements for consumers relating to residential immovable property and amends the Consumer Code. The revised circular ensures regulatory alignment with European directives on consumer credit and residential property financing.
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