Hot topics: Mortgage Credit Directive
This practice note outlines the European Commission's proposed Mortgage Credit Directive (MCD) (also referred to as the Directive on credit agreements relating to residential property (CARRP)) and tracks both its progress and related developments.
The key primary source material table in this note contains links to key primary source material and related PLC Financial Services Legal updates. It is not intended to be an exhaustive list of all relevant materials published by interested parties.
For background to the proposed Directive and a detailed overview of the Commission's review of the EU mortgage markets, see Practice note, Review of the EU mortgage markets.