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

^F1 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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

Consumer contract requirements: modification of rule-making power

^F1 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Consumer contract requirements: information

^F1 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Application of certain rules

^F3 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 3 ARTICLE 3.4 OF THE ELECTRONIC COMMERCE DIRECTIVE

Direction by Authority

^F1 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Policy conditions

^F1 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Procedural conditions

^F1 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Urgent cases

^F1 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Directions made under regulation 6

^F1 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Referral to the [^F4 Upper Tribunal ^F4]

^F1 11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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

Scope of this Part

^F1 11A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Direction by Authority

^F1 11B. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Article 72A of the Regulated Activities Order

^F1 11C. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 4 ENFORCEMENT

Application of certain provisions of the 2000 Act

^F1 12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 5 AMENDMENT OF THE FINANCIAL SERVICES AND MARKETS ACT 2000

Amendment of sections 417 and 418 of the 2000 Act

^F1 13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

PART 6 MISCELLANEOUS AND CONSEQUENTIAL PROVISIONS

Disclosure of information

^F1 14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Notices

^F1 15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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

^F1 16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Functions of the Authority

^F1 17. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Rights of action

^F1 18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

[^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]