Date: 1st December 2017
Author: BETTER FINANCE

BETTER FINANCE (BF) welcomes the opportunity to comment on the Inception Impact Assessment on the revision of the Injunctions Directive. The right to claim compensation and the right to access to justice should not remain theoretical for consumers and investors. It is especially important in the area of financial services where quite technical and complex financial products have a serious impact on the quality of life of active and retired citizens and where due to the lack of an effective redress mechanism many consumers are unable to exercise their rights.