ESMA issues opinions on product intervention measures by Cyprus, France, Malta and Sweden
Securities Markets Regulation
Date:
15 July 2019
On 1 July 2019, the European Securities and Markets Authority (ESMA) issued four positive opinions on product intervention measures taken by the National Competent Authorities (NCAs) of Cyprus, France, Malta and Sweden. ESMA’s opinion finds that the proposed measures are justified and proportionate and that it is necessary for NCAs of other Member States to take product intervention measures that are at least as stringent as ESMA’s measures.