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New version applies from 01/01/2018 — introduced by Benchmark Regulation (BMR). 63 provisions change. Later versions: 26/07/2019, 30/12/2023. Recital 34 changes in this version: compare with the current text.

Recital 34

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In order to approximate the procedures for exercising the right of withdrawal in similar areas, it is necessary to make provision for a right of withdrawal without penalty and with no obligation to provide justification, under conditions similar to those provided for by Directive 2002/65/EC of the European Parliament and of the Council of 23 September 2002 concerning the distance marketing of consumer financial services ( 6 ).

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