Wiewiórowska-Domagalska: Today, law firms decide on the profitability of pursuing claims

The Ministry of Justice is proposing a new consumer credit law that limits the application of free credit sanctions (SKD) to serious violations. This raises concerns about banks' accountability for failing to meet informational obligations. The intention is to create a comprehensive sanction system where consequences are proportional to the violations. Current sanctions by UOKiK and KNF will still play a role, but the focus is on ensuring effective enforcement rather than relying solely on SKD. The law aims to prevent individual lawsuits from overwhelming the courts and to establish a uniform consumer protection standard. The final list of violations that trigger SKD is still under development, but it will include serious breaches like misleading information about total payment amounts. The proposed changes aim to balance consumer protection with market efficiency, avoiding a system that incentivizes poorly drafted contracts.