2024-12-24

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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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Luxembourg

Commission de Surveillance du Secteur Financier

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Published on 24 December 2024

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CSSF circular

Update of Circular CSSF 17/651 relating to the Law of 23 December 2016: 1. transposing Directive 2014/17/EU of the European Parliament and of the Council of 4 February 2014 on credit agreements for consumers relating to residential immovable property and amending Directives 2008/48/EC and 2013/36/EU and Regulation (EU) No 1093/2010; and 2. amending the Consumer Code (hereinafter “Law of 23 December 2016”)

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Updated on 24 December 2024

Circular CSSF 17/651 (as amended by Circular CSSF 24/869) (being updated)

relating to the Law of 23 December 2016 1. transposing Directive 2014/17/EU of the European Parliament and of the Council of 4 February 2014 on credit agreements for consumers relating to residential immovable property and amending Directives 2008/48/EC and 2013/36/EU…

PDF (187.72Kb)