CJEU ruling reminds banks of transparency requirements in consumer credit agreements ...Middle East

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CJEU ruling reminds banks of transparency requirements in consumer credit agreements
source : Pinsent Masons ( Middle East ) () 53
Banks operating in the EU must meet their obligations to provide clear and sufficient information to consumers in credit agreements, after a recent Court of Justice of the EU (CJEU) ruling made it clear that failing to do so may result in the deprivation of their rights to charge loan interest and fees.

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