ESMA issues positive opinions on product intervention measures by Ireland, Italy, Luxembourg and Portugal
Securities Markets Regulation
Date:
15 July 2019
On 17 June 2019, the European Securities and Markets Authority (ESMA) issued eight positive opinions on product intervention measures taken by the National Competent Authorities (NCAs) of Italy, Portugal, Ireland and Luxembourg. 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.