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Arthur Cox

| less than a minute read

The Green Transition Directive: Financial Services Impact

Directive (EU) 2024/825 of the European Parliament and of the Council of 28 February 2024 amending Directives 2005/29/EC and 2011/83/EU as regards empowering consumers for the green transition through better protection against unfair practices and through better information (the Green Transition Directive) entered into force on 26 March 2024. The Green Transition Directive amends the Unfair Commercial Practices Directive (Directive 2005/29/EC) (the UCPD) and the Consumer Rights Directive (Directive 2011/83/EU) (the CRD). It aims to ensure that consumers can make informed transactional decisions and in turn contribute to more sustainable consumption patterns.