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Volume: 4 Issue: 3
(March 2002)
Keywords:
e-commerce
directive
financial
services
e-commerce
directive
(“ecd”
first
number
measures
pass
community
law
set
open
european
economic
area
(“eea”
E-Commerce Directive: Financial Services
The E-Commerce Directive (“ECD”) is the first of a number of measures to pass into Community law which are set to open up the European Economic Area (“EEA”) to much more widespread cross-border provision of financial services. It is an element of the European Commission’s Financial Services Action Plan which consists of some 42 different measures aimed, according to the deadline set by the Lisbon European Council, at establishing an integrated European market in financial services by 2005.
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