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Mirza Manraj
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ESMA issues positive opinions on national product intervention measures on binary options and CFDs

On 2 April 2019, The European Securities and Markets Authority (ESMA) issued four positive opinions on product intervention measures taken by the National Competent Authorities (NCAs) of the Netherlands, Poland and the UK.

ESMA’s opinion concludes that the proposed measures are justified and that it is necessary for NCAs to take product intervention measures that are as stringent as ESMA’s measures.

The details of the proposed intervention measures involve binary options and contracts for differences (CFDs).

Press release and the opinions can be found here.