The European Securities and Markets Authority (ESMA) adopted a Decision under Article 40 of Regulation (EU) No 600/2014 to restrict the marketing, distribution or sale of contracts for differences (CFDs) to retail clients. The Decision renews and amends ESMA Decision (EU) 2018/796.

In accordance with Article 40(5) of Regulation (EU) No 600/2014, the Notice ESMA provided on 31 October gives details of the Decision and the time from which the measure will take effect. The full text of the Decision is published in the Official Journal of the European Union.