A new ‘patchwork quilt’ of consumer credit law

Legal experts have criticised the state’s decision to deal with the EU mortgage credit directive via a statutory instrument rather than primary legislation, saying it suggests that consumer protection is not a priority.

The EU mortgage credit directive, which will be transposed into Irish law next month, deals with areas such as pre-contractual information, financial education, and information on charges.

In a recent submission made to the Department of Finance on the matter, ...