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Status: You are viewing the version of the handbook as on 2005-06-30.

ECO 3.1 Application and purpose

Application

ECO 3.1.1R

This chapter applies to a domestic ECA provider.

Purpose

ECO 3.1.2G

The main purpose of this chapter is to implement the provisions of the E-Commerce Directive as these affect firms regulated by the FSA. In particular, this chapter imposes the information requirements of the E-Commerce Directive on firms when they carry on an electronic commerce activity with an ECA recipient who is in the United Kingdom or located outside the EEA. These requirements are in addition to the requirements otherwise applicable to firms when they carry on a regulated activity.

ECO 3.1.3G

Accordingly, ECO 3.2.1 R requires a domestic ECA provider to supply minimum information to an ECA recipient regardless of the recipient's location.