This snapshot taken on 22/07/2004, shows web content selected for preservation by The National Archives. External links, forms and search boxes may not work in archived websites.
18th July 2003
The implementation of the Distance Marketing of Consumer Financial Services Directive (“the DMD”) sets common standards for the information that must be supplied to consumers of financial services prior to a contract being concluded at a distance, where the supplier makes exclusive use of one or more means of distance communication (e.g. telephone, internet, fax or mail). There are also provisions for rights of withdrawal (“cancellation rights”) in many circumstances. The aim is to enhance the working of a single market by giving consumers the confidence to buy products on a cross border basis, with providers being governed by a common set of core standards across the European Union.
The consultation document is available below in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website.
For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.
PDF file of the Distance Marketing of Consumer Financial Services Directive (268KB)