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The EFBS supports the Commission’s view that a necessity for regulating has not been proven so far. With regard to the further impact assessments, EFBS hopes that “the Commission manages to commission consultants who have a better economic understanding than the consultants of London Economics”.
“This study went so far to propose the introduction of a subprime market in the EU following the
The Federation criticizes the White Paper does not contain any answers on how existing actual barriers could be removed. “In order to achieve a well functioning Single Market as well as product variety for consumers the EFBS has been calling for decades for mutual recognition of products and finance schemes”, EFBS says.