Authors: Victoria McGowan, Raza Naeem

EU Directive on Distance Marketing of Financial Services: One month to the transposition deadline

There is now just over a month to go until the deadline for transposing the EU Directive on financial services contracts concluded at a distance (EU Directive 2023/2673) (the “2023 Directive”), with legislation giving effect to the 2023 Directive then applying from 19 June 2026. The 2023 Directive, which repeals and amends existing legislation, imposes obligations around the information to be provided and rights that must be granted when entering into distance contracts with consumers for the supply of financial services (“FS distance contracts”).