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Written question asked by Lord Willetts (Conservative) on Thursday, 16 December 2004, in the House of Commons. It was due for an answer on Monday, 17 January 2005. It was answered by Stephen Timms (Labour) on Monday, 17 January 2005 on behalf of the Treasury.


Treasury

Question
To ask the Secretary of State for Trade and Industry, what steps the Government is taking to comply with the European Distance Marketing Directive.
Answer

Mr. Willetts: To ask the Secretary of State for Trade and Industry what steps the Government are taking to comply with the European Distance Marketing Directive. [206626] Mr. Timms: I have been asked to reply. The Government consulted in July 2003 and the Financial Services Authority consulted in September 2003 on the approaches to implementing European Directive 2002/65/EC concerning the Distance Marketing of Consumer Financial Services. The Financial Services (Distance Marketing) Regulations 2004 made Under Statutory Instrument 2004 No. 2095 was laid before Parliament on 5 August 2004 and came into force in the UK on 31 October 2004. The Financial Services Authority amended its Handbook to implement the Distance Marketing of Consumer Financial Services Directive.


Secondary information

Type
Written question
Reference
206626; 429 c696W;429 c694W
Session
2004-05
EC documents
Dir2002/65/EC
Subjects
Consumers EU law Financial services Protection Implementing legislation
Link
View this Written question on www.publications.parliament.uk