Other events

Ensuring consumer protection has always been one of the focus of EU payments policies. Recent initiatives, such as PSD2, PSD3, PSR and the Instant Payments Regulation have tried to guarantee security in payments by setting rules on issues such as liability, refunds, surcharges and information disclosures. Strong Customer Authentication (SCA) has in that regard proved to be a particularly effective measure.

The European Credit Research Institute (ECRI) is calling for applications from academics to become members of its incoming Scientific Council.

The ECRI Scientific Council will be composed by four or five academics and meet one or two times a year. Members may be invited to participate in the ECRI Executive Committee meetings. Members of the Scientific Council will be appointed for a period of three years.

During this CEPS-ECRI webinar, key stakeholders will discuss the Commission's proposal for a review of the Consumer Credit Directive proposal and whether it is fit for purpose

Debt advisors play a crucial role in giving professional advice and finding the best solutions to help households get out of debt. Currently, there are only a fraction of the necessary qualified independent debt advisors available to support all the households in need. 

About one in twelve European households is having difficulties meeting their payment commitments, whether these relate to secured or unsecured borrowing, to payment of rent, or to utility or other household bills. Debt advisors play a crucial role in giving professional advice and finding the best solutions to help households get out of debt. Currently, there are only a fraction of the necessary qualified independent debt advisors available to support all the households in need.

It is estimated that 2-5% of global GDP is laundered annually, with an overall recovery rate of illicit assets at just 1.1% in Europe, according to Europol. Tackling money laundering is a longstanding policy priority, but one pursued with limited success.