Statutory Instruments

2002 No. 1775

FINANCIAL SERVICES AND MARKETS

ELECTRONIC COMMUNICATIONS

The Electronic Commerce Directive (Financial Services and Markets) Regulations 2002_cross-notes

Made

12th July 2002

Laid before Parliament

12th July 2002

Coming into force

in accordance with regulation 1

^M1^,^M2^,^M3 The Treasury, being a government department designated for the purposes of section 2(2) of the European Communities Act 1972 in relation to information society services, in exercise of the powers conferred by that section, and the powers conferred by sections 349(1), 414 and 428(3) of the Financial Services and Markets Act 2000 , hereby make the following Regulations:

PART 1 GENERAL

Citation and commencement

1. These Regulations may be cited as the Electronic Commerce Directive (Financial Services and Markets) Regulations 2002, and come into force—

(a) for the purpose of enabling the Authority to make rules, on 18th July 2002;

(b) otherwise, on 21st August 2002.

Interpretation

^F12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 2 MODIFICATION OF FUNCTIONS OF THE [^F2 FINANCIAL CONDUCT AUTHORITY ^F2]

Consumer contract requirements: modification of rule-making power

^F13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Consumer contract requirements: information

^F14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Application of certain rules

^F35. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 3 ARTICLE 3.4 OF THE ELECTRONIC COMMERCE DIRECTIVE

Direction by Authority

^F16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Policy conditions

^F17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Procedural conditions

^F18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Urgent cases

^F19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Directions made under regulation 6

^F110. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Referral to the [^F4 Upper Tribunal ^F4]

^F111. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Scope of this Part

^F111A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Direction by Authority

^F111B. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Article 72A of the Regulated Activities Order

^F111C. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 4 ENFORCEMENT

Application of certain provisions of the 2000 Act

^F112. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 5 AMENDMENT OF THE FINANCIAL SERVICES AND MARKETS ACT 2000

Amendment of sections 417 and 418 of the 2000 Act

^F113. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 6 MISCELLANEOUS AND CONSEQUENTIAL PROVISIONS

Disclosure of information

^F114. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Notices

^F115. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Amendment of the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001

^F116. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Functions of the Authority

^F117. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Rights of action

^F118. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

[^F6 Exclusion of general regulations

19.—(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

[^F8 (2) Regulation 4(3) of the general regulations does not apply to the Authority or any enforcement authority in respect of its responsibility in relation to a requirement imposed by or under the 2000 Act or these Regulations.

(2A) Regulation 4(3) of the general regulations also does not apply to the Authority in respect of its responsibility in relation to a requirement imposed by or under regulations made by the Treasury under section 8 of the European Union (Withdrawal) Act 2018. ^F8]

(3) A rule that corresponds to a relevant regulation applies instead of that regulation.

(4) The reference in regulation 22(a) of the general regulations to regulation 6(1)(c) of those regulations is to be taken to include a reference to a provision in a rule that corresponds to regulation 6(1)(c) (and so applies in its stead by virtue of paragraph (3)).

(5) In this regulation—

[^F9 “ the Authority ” means the Financial Conduct Authority; ^F9]
“enforcement authority” has the same meaning as in the general regulations;
“general regulations” means the Electronic Commerce ( EC Directive) Regulations 2002;
[^F10 “ rule ” means a rule made by the Authority under the 2000 Act. ^F10]
“relevant regulation” means regulation 6 to 9, 11 or 15 of the general regulations. ^F6]

Nick Ainger

Jim Fitzpatrick

Two of the Lords Commissioners of Her Majesty’s Treasury ^F5]

footnote	commentary	insert/omit
C1	Regulations : power to modify conferred (11.7.2023) by Financial Services and Markets Act 2023 (c. 29) , ss. 3 , 86(3) , Sch. 1 Pt. 2 ; S.I. 2023/779 , reg. 2(d)
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F1	Regs. 2-18 omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(2) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F2	Words in Pt. 2 heading substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472) , art. 1(1) , Sch. 2 para. 77(3)	substituted
F3	Reg. 5 revoked (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472) , art. 1(1) , Sch. 1
F4	Words in reg. 11 substituted (6.4.2010) by The Transfer of Tribunal Functions Order 2010 (S.I. 2010/22) , art. 1(2)(f) , Sch. 3 para. 38	substituted
F5	Pt. 3A inserted (24.3.2015) by The Electronic Commerce Directive (Financial Services and Markets) (Amendment) Order 2015 (S.I. 2015/852) , arts. 1(2) , 2(2)	inserted
F6	Reg. 19 inserted (21.8.2002) by The Electronic Commerce Directive (Financial Services and Markets) (Amendment) Regulations 2002 (S.I. 2002/2015) , regs. 1 , 2	inserted
F7	Reg. 19(1) omitted (31.12.2020) by virtue of The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(3)(a) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	omitted
F8	Reg. 19(2) (2A) substituted for reg. 19(2) (31.12.2020) by The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(3)(b) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	substituted
F9	Words in reg. 19(5) inserted (31.12.2020) by The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(3)(c)(i) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	inserted
F10	Words in reg. 19(5) inserted (31.12.2020) by The Electronic Commerce and Solvency 2 (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1361) , regs. 1(2) , 6(3)(c)(ii) (as amended by S.I. 2019/1390 , regs. 1(2) , 6 ); 2020 c. 1 , Sch. 5 para. 1(1)	inserted
M1	S.I. 2001/3495 .
M2	1972 c. 68 . By virtue of the amendment of s. 1(2) made by s. 1 of the European Economic Area Act 1993 (c. 51) regulations may be made under s. 2(2) to implement obligations of the United Kingdom created by or arising under the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 (Cm 2073) and the Protocol adjusting the Agreement signed at Brussels on 17 March 1993 (Cm 2183).
M3	2000 c. 8 .

Defined Term	Section/Article	ID
enforcement authority	reg. 19. of PART 6	enforcemen_rtB7BvM
general regulations	reg. 19. of PART 6	general_re_rtkEsV4
relevant regulation	reg. 19. of PART 6	relevant_r_rtxpIb4
rule	reg. 19. of PART 6	legTerm2CVnFfvc
the Authority	reg. 19. of PART 6	legTerm0ZrB5UzW

Defined Term

Section/Article

Scope of Application

enforcement authority

reg. 19. of PART 6

enforcemen_rtB7BvM

general regulations

reg. 19. of PART 6

general_re_rtkEsV4

relevant regulation

reg. 19. of PART 6

relevant_r_rtxpIb4

rule

reg. 19. of PART 6

legTerm2CVnFfvc

the Authority

reg. 19. of PART 6

legTerm0ZrB5UzW

2002 No. 1775

The Electronic Commerce Directive (Financial Services and Markets) Regulations 2002cross-notes

PART 1 GENERAL

Citation and commencement

Interpretation

PART 2 MODIFICATION OF FUNCTIONS OF THE [F2 FINANCIAL CONDUCT AUTHORITY F2]

Consumer contract requirements: modification of rule-making power

Consumer contract requirements: information

Application of certain rules

PART 3 ARTICLE 3.4 OF THE ELECTRONIC COMMERCE DIRECTIVE

Direction by Authority

Policy conditions

Procedural conditions

Urgent cases

Directions made under regulation 6

Referral to the [F4 Upper Tribunal F4]

[F5 PART 3A INCOMING PROVIDERS OF CREDIT-RELATED ACTIVITIES DIRECTING ALL OR MOST OF THEIR ACTIVITY TO THE UNITED KINGDOM

Scope of this Part

Direction by Authority

Article 72A of the Regulated Activities Order

PART 4 ENFORCEMENT

Application of certain provisions of the 2000 Act

PART 5 AMENDMENT OF THE FINANCIAL SERVICES AND MARKETS ACT 2000

Amendment of sections 417 and 418 of the 2000 Act

PART 6 MISCELLANEOUS AND CONSEQUENTIAL PROVISIONS

Disclosure of information

Notices

Amendment of the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001

Functions of the Authority

Rights of action

[F6 Exclusion of general regulations

Status of changes to instrument text

The Electronic Commerce Directive (Financial Services and Markets) Regulations 2002_cross-notes

PART 2 MODIFICATION OF FUNCTIONS OF THE [^F2 FINANCIAL CONDUCT AUTHORITY ^F2]

Referral to the [^F4 Upper Tribunal ^F4]

[^F5 PART 3A INCOMING PROVIDERS OF CREDIT-RELATED ACTIVITIES DIRECTING ALL OR MOST OF THEIR ACTIVITY TO THE UNITED KINGDOM

[^F6 Exclusion of general regulations