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ESMA ceases renewal of product intervention measure relating to binary options
The European Securities and Markets Authority (ESMA), the EU securities markets’ regulator, will not renew the temporary prohibition of the marketing, distribution or sale of binary options to retail clients in the European Union (EU). ESMA has taken product intervention measures regarding binary options, imposing a temporary prohibition on their marketing, distribution or sale, in […]
ESMA proposes improvements to Transparency Directive after Wirecard case
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has written to the European Commission (EC) with its proposals to improve the Transparency Directive (TD) following the Wirecard case. The letter addresses provisions related to enforcement of financial information. ESMA recommends that the EC considers modifying the TD to meet four aims: […]