The Business Law Reports
[2016] Bus LR 2
Court of Justice of the European Union
Banif Plus Bank Zrt v Lantos and another
(Case C-312/14)
EU:C:2015:794
2015 Sept 17;
Dec 3
Acting President of Chamber L Bay LarsenJudges F Biltgen, J Malenovský, A Prechal, K JürimäeAdvocate General N Jääskinen
Financial services— Markets in financial instruments— Investment services and activities— Consumer entering into foreign currency denominated loan— Loan amount and monthly repayments fixed on basis of currency prices— Whether foreign exchange transactions forming part of loan “investment services”— Whether credit institution required to assess appropriateness of service to be provided—
Parliament and Council Directive 2004/39/EC, art 4(1)(2), Annex 1, Sections A, C