(5)Because of their intangible nature, financial services are particularly suited to distance selling and the establishment of a legal framework governing the distance marketing of financial services should increase consumer confidence in the use of new techniques for the distance marketing of financial services, such as electronic commerce.
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New version applies from 12/06/2005 — introduced by Unfair Commercial Practices Directive (UCPD).
50 provisions change.
Later versions: 25/12/2007, 13/01/2018.
Recital 5 changes in this version: compare with the current text.