Proposal For A New EU Directive On Distance Marketing Of Consumer Financial Services – Financial Services
Introduction On 11th May 2022, the EU Commission published a directive proposal (the “Proposal“)1amending Directive 2011/83 / EU on consumer rights (the “Consumer Rights Directive“) and repealing Directive 2002/65 / EC concerning the distance marketing of consumer financial services (the”DMFSD“; the Consumer Rights Directive and the DMFSD, jointly, the”Directives“). Once entered into force, the Proposal…