ESMA updates Q&As on temporary product intervention measures

MiFID Firms

Date: 26 July 2018

On 12th July 2018, the European Securities and Markets Authority (ESMA) updated its Questions and Answers on ESMA’s temporary product intervention measures on the marketing, distribution or sale of CFDs and binary options to retail clients based on Article 40 of Regulation (EU) No 600/2014 (the Markets in Financial Instruments Regulation, MiFIR).

The Q&A provided clarification on the application of the temporary product intervention measures on clients established outside the Union and non-Union nationals.

Next steps
ESMA will continue to monitor this Q&A on ESMA’s temporary product intervention measures on the marketing, distribution or sale of CFDs and Binary options to retail clients in the coming months and will review and update them where required.