Written Statement·Commons·Treasury·HCWS814

Proposed Directive on credit servicers, credit purchasers and the recovery of collateral – JHA opt-in decision

2 July 2018

John Glen

The Economic Secretary to the Treasury

Conservative

Statement

The proposed EU Directive on credit purchasers, credit servicers and the recovery of collateral contains, among other things, provisions on a new EU mechanism for out-of-court collateral enforcement. The Directive is part of a broader package of EU measur...