ESMA to renew prohibition in relation to Binary Options
The European Securities and Market Authority (ESMA) published an announcement in relation to the renewal of the prohibition on the marketing, distribution or sale of binary options to retail clients.
In accordance the announcement, on 14 December 2018, the European Securities and Markets Authority (ESMA) adopted a Decision under Article 40 of Regulation (EU) No 600/2014 to renew the prohibition on the marketing, distribution or sale of binary options to retail clients. The Decision renews ESMA Decision (EU) 2018/795 on the same terms as the previous renewal decision, ESMA Decision (EU) 2018/1466.
In accordance with Article 40(5) of Regulation (EU) No 600/2014, this Notice provides details of the Decision and the time from which the renewed measure will take effect.
The full text of the Decision will soon be published in the Official Journal of the European Union.
Source: ESMA
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