Aneta Wiewiórowska-Domagalska, Maciej Bujalski: Revolution in the Consumer Credit Directive

The new consumer credit directive emphasizes administrative oversight and introduces a public law sanction system, which aims to enhance consumer protection. The discussion around the free credit sanction (SKD) raises concerns about its effectiveness and implications for consumers. The directive allows member states to implement private law sanctions but does not mandate them, leading to potential inconsistencies in consumer protection standards. The effectiveness, proportionality, and deterrent nature of sanctions are crucial, as they should ensure a high standard of consumer protection while being adaptable to the new regulatory framework. The debate on sanctions reflects broader interests and necessitates transparency regarding consumer interests.