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Commission adopts proposed reform of rules on distance marketing of consumer financial services

Published on: 11 May 2022

Published by LNB News

LNB News 11/05/2022

Document Information

Issue Date: 11 May 2022

Published Date: 11 May 2022

Jurisdiction(s): European Union

Article summary

The European Commission has adopted a proposed reform of the current EU rules on distance marketing of consumer financial services, which govern financial services sold at a distance. The proposal aims to strengthen consumer rights and foster the cross-border provision of financial services in the single market. The Commission's proposal will now be discussed by the Council and the European Parliament.

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