Position Paper on the Proposal of the European Commission for a Directive on representative actions

31 October 2018

Accompanying the draft report of the committee on Legal Affairs of the European Parliament (JURI) of 12 October 2018 the German Banking Industry Committee (GBIC) outlines core requirements on the introduction of European representative actions. In order to ensure basic fundamental rights and to prevent abuse of representative actions the Proposal should in particular take into account the aspects described in the Position Paper.

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