Like every month, new measures come into force with a positive or negative impact on the portfolio of individuals. Reform of borrower insurance, consumer protection strengthened for internet sales or more transparent management costs for PER and life insurance… Here is what awaits you from June 1st.
Selling on the Internet: consumer protection strengthens
From May 28, the decree of March 25, 2022 on consumer protection in the case of online sales will come into effect. From now on, the seller will have to respect 15 obligations. They aim strengthen consumer protection in particular in cross-border transactions, which are more and more numerous in Internet sales, by improving the prior information that must be communicated to the buyer and by increasing the penalties in the event of an infringement, recalls Service-public.fr.
Distance selling: new obligations for professionals
For example, online sales sites will have to check that the reviews under the products offered for sale have indeed been published by people who have purchased the product, note The Parisian. Another novelty, sellers will now have to indicate the contact details of the mediator(s) to whom the consumer can turn in the event of a dispute.
Reform of borrower insurance for new contracts
It’s a small revolution that is looming for borrowers. The terms and conditions of home loan insurance are changing as of June 1, with the gradual entry into force of the Lemoine law. This major reform notably provides for the possibility of terminating borrower’s insurance at any time to take advantage of a less expensive competitor’s offer and/or with better guarantees. A novelty which will apply from June 1 for new contracts and from September 1 for those in progress. This reform also acts on the end of the medical questionnaire, subject to conditions, as well as easier access to a mortgage for people who have suffered from cancer or hepatitis C. Five years after their cure, former cancer patients and hepatitis C will be able to obtain a mortgage under the same conditions as all borrowers.
More transparency on fees for life insurance and PER
As of June 1, each producer of PER or life insurance will have to offer a standard table grouping the costs by identical categories, to help subscribers compare the different offers. On the other hand, it will be necessary to wait until July 1 to have the details. on that date, the total costs borne by each unit of account or each asset must be displayed, recall the site of the Minister of Economy.
Life insurance and PER: new transparency rules on fees
save up to 50% on your borrower insurance
Right to a bank account: a simplified procedure
Published on March 13, the decree implemented from June 13 facilitates the opening of a bank account. Thus, a person who asks to open a bank account and does not get an answer within 15 days can turn directly to the Banque de France. The latter will automatically appoint a bank close to the home of the applicant. This procedure is open to anyone residing in France or in a Member State of the European Union, any French national residing abroad and also to applicants who are prohibited from banking, Service-public.fr.
Ranking of the least expensive banks on June 1
End of the tariff shield for gas prices, and after?
The end of the tariff shield for gas prices was supposed to be acted on June 30, 2022. In recent days, however, the executive has indicated that it will extend this measure until the end of the year, without saying more for the moment. But the new government of Elisabeth Borne has made the purchasing power of the French an emergency. A first bill should be adopted by the Council of Ministers before the legislative elections (June 12 and 19), so that it can be presented to the national representation as soon as it is elected, further indicated Olivia Grégoire, the spokeswoman of the government.
Macron bonus, gas, electricity, food vouchers… Impending bill on purchasing power