Courtesy of The Albion Alliance Presents (always a good source of matters EU) I find that the EU Commission has a proposal to legislate on credit agreements relating to residential property. Of course, this is related to the single market and the provision of services and further reading can be found here and here.
The Directive includes measures relating to advertising and marketing, pre-contractual information, advice, creditworthiness and suitability assessments, early repayment and regulation of credit intermediaries and non-credit institutions providing mortgage credit. It is difficult to see how the proposed Directive will benefit consumers. The UK mortgage industry already has strong levels of consumer protection. It has been subject to the Mortgage Code since 1997 and subsequently The FSA’s Mortgage Code of Business Sourcebook, which replaced that on 31 October 2004. To have a single regime for all lenders across Europe, given the different nature of the markets and regulatory frameworks, not to mention cultures, would seem to me to be an unattainable step too far.
The Directive includes measures relating to advertising and marketing, pre-contractual information, advice, creditworthiness and suitability assessments, early repayment and regulation of credit intermediaries and non-credit institutions providing mortgage credit. It is difficult to see how the proposed Directive will benefit consumers. The UK mortgage industry already has strong levels of consumer protection. It has been subject to the Mortgage Code since 1997 and subsequently The FSA’s Mortgage Code of Business Sourcebook, which replaced that on 31 October 2004. To have a single regime for all lenders across Europe, given the different nature of the markets and regulatory frameworks, not to mention cultures, would seem to me to be an unattainable step too far.
The Lisbon Treaty is an 'open door' to regulate on just about every facet of a country's ability to govern itself - something which our politicians are all too willing to accept.
Our politicians really are treasonous b'stards!
10 comments:
Yes but when do we get to string the c*nts up?
A: Patience, patience - all good things come to those that wait.....!
Personally, if I could find sufficient to stand with me, I would do it today........!
Keep November 5th free......?
writings on da wall
The solution would be for the U K Mortage industry to tell the EU to shove its directive up its arse. They can arrest one or a very few--but thousands?.
Camoron and his pukes would be thrown into an instant and incredbly damaging crisis.
An interesting moral point, our leaders seem happy to subject other former leaders to trials under retrospective legislation such as Saddam endured and Gadaffi probably will go through, or entirely made-up stuff in the Hague.
So a future government could declare some of these actions to be retrospectively treasonous and make arrests.
Not something I would personally favour as it is the device of a tyrant, BUT our leaders could hardly complain having been party to just such judicial abuses previously.
WfW
Have you stopped posting links to music that you like?
I for one liked such posts.
Also on EU looters
http://uppompeii1.uppompeii.com/2011/08/21/here-comes-the-fourth-reich.aspx
This is a good read
John Redwood: Anne Boleyn was 'the first Eurosceptic'
http://archbishop-cranmer.blogspot.com/2011/08/john-redwood-anne-boleyn-was-first.html
Can't keep their effing greedy fingers out of anything which means money and control fro them.
A: It would be nice to think the writing was indeed on the wall - however, the proles haven't woken up yet..... :(
Mr.E: A nice resolution that can be applied to almost any aspect of our lives by simply saying 'No'!
Saot: Agreed...... :)
MA: Sorry but I'm lost here......
DP111: A tad off topic, but as you have asked....... (later)
And yes, I saw the posts to which you link.
JH: Agreed.
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