Media and events

Eurofinas released its 2025 Annual Survey results, showing continued growth in European consumer credit across most lending segments.

On 17 July, the European Commission published its highly anticipated report on the competitiveness of the EU banking sector.

With less than five months remaining before the Consumer Credit Directive 2 (CCD2) becomes applicable on 20 November 2026, transposition remains incomplete across much of the EU, leaving many lenders with insufficient legal certainty and limited time to implement significant operational changes.

A recent ruling of the Court of Justice of the European Union on the Consumer Credit Directive has changed the interpretation of how financed credit-related costs, including certain insurance premiums, should be treated, with potentially significant implications for lenders across the EU.

Implementation of the AI Act continues alongside the recently agreed simplification package, which postpones key obligations for high-risk AI systems to the end of 2027 and provides additional time for compliance.

Progress on the Commission's Digital Data Omnibus has been slower than expected, with negotiations likely to extend into 2027.