On Aug. 4, BEL GVT published law transposing EU Dir 2023/2225.
BEL GVT published Law of Jul. 20, 2026, on consumer credit contracts and repealing Directive 2008/48/EC and amending certain provisions of the Code of Economic Law.
The law transposes the EU Consumer Credit Dir 2023/2225 into national law by updating Book I and Book VII of the Belgian Code of Economic Law.
It updates rules re credit applications, advertising, pre-contractual disclosures.
Consumer protection, reflecting modern financial services, digital lending tools.
The bill integrates the concepts and terms of the Directive, amends provisions on deferred payment exceptions, sets rules for interest-free deferred payment cards issued by banks, forbids credit agreements with minors and sets age/ID verification.
Amendments re advertising include clear, not misleading information, warning messages, mandatory disclosures re rates and costs, pre-contractual information.
Lenders bear the burden of proving to supervisory authorities that they performed proper creditworthiness assessments and complied with pre-contractual obligations.
Effectiveness
The law enters into force on Nov. 20, 2026, except for articles 14, 3°, 31, 50, 79, 3°, 8°, 11° and 13°, and 81.
Regulators
BEL GVT
Entity Types
Bank; CNSM; IB; MSB
Reference
OG 2026005817, 8/4/2026; Law 7/20/2026; Dir 2023/2225
