Submissions by topics "Should there be more stringent consumer protection provisions above those provided for in Article 24 of CCD2?"
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Yes, there should be more stringent consumer protection provisions than those set out in Article 24. Article 24 paragraph (3) of the CCD2 requires a credit provider to notify the consumer at least...
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CUMA believes Article 24’s consumer protection for overdraft services is sufficient, as credit unions already face additional requirements under the Credit Union Act 1997 for their Member Personal...
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No. Under the section 48 of the CUA, credit unions providing overdraft facilities must comply with the Member Personal Current Account Service (MPCAS) and these coupled with the provisions in this...
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No. Ireland is already subject to stringent rules on the provision of overdraft facilities, with reference to the requirements set out in the Consumer Credit Act 1995.
Furthermore, we are not...
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We appreciate why consumer rights in respect of overdraft facilities and overrunning are captured as part of CCD2, however we believe that Article 24(1)-(4) provides a sufficient level of...
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Overall, we expect the Irish Government to aim for harmonization of rules with other Member States as much as possible, to avoid uncertainty for providers that offer their services cross-border....
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The requirements set out under the CCD2 are sufficient to regulate overdraft facilities, there is not a need for more stringent provisions.
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