Notice of ESMA’s Product Intervention Renewal Decision in relation to binary options

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.

On 21 December 2018, the European Securities and Markets Authority (ESMA) highlighted that in accordance with Article 40(5) of Regulation (EU) No 600/2014, this Notice provided 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.