The Regulation of Household Debt Levels in the EU and Three of its Member States: Evaluating the Legal Preconditions for Effectiveness

High levels of household debt were at the heart of the financial crisis. They have created vulnerabilities for individual households and for the financial system as a whole. In response to the crisis, the European Union reformed the Capital Requirements Regulation and Directive, and added new possibilities to increase risk-weights for household loans. It also adopted the Mortgage Credit Directive, which obliges lenders to assess a consumer’s creditworthiness before providing credit. Many member state

Verfasser: Hof, A. (Arien) van 't
Dokumenttyp: doctoralThesis
Erscheinungsdatum: 2018
Schlagwörter: Household debt / household debt regulation / household debt levels / LTV ratio / LTI ratio / EU consumer law / Mortgage Credit Directive / Consumer Credit Directive / mortgage credit / consumer credit / creditworthiness assessment / principle-based regulation / rule-based regulation / mortgage interest deduction / effectiveness / independence / accountability / supervisory independence / guided discretion / inaction bias / ability and willingness to act / comparative law / over-indebtedness / financial regulation / financial law / EU law / housing / taxation / consumer protection / capital requirements / macroprudential regulation / enforcement / proportionate and dissuasive enforcement / determinacy / completeness / leakage / economic governance / Netherlands / Ireland / Germany / EU / macroeconomic imbalance procedure / CRR / CRD IV / subsidiarity / ECB / ESRB
Sprache: Englisch
Permalink: https://search.fid-benelux.de/Record/base-29198486
Datenquelle: BASE; Originalkatalog
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Link(s) : http://repub.eur.nl/pub/104378