Edition:
United Kingdom

FCA Updates On Delay To Publication Of Final Rules For CFDs Products And CFD-Like Options


Friday, 26 Apr 2019 

April 26 (Reuters) - FCA::FCA STATEMENT ON DELAY TO PUBLICATION OF FINAL RULES FOR CFDS PRODUCTS AND CFD-LIKE OPTIONS.FIRMS THAT SELL, MARKET, OR DISTRIBUTE CFD-LIKE OPTIONS WOULD BE GIVEN AT LEAST TWO MONTHS TO COMPLY WITH NEW RULES.STILL CONSIDERING CONSULTATION FEEDBACK & ESMA’S TEMPORARY RESTRICTIONS CONTINUE TO APPLY; PLAN TO PUBLISH POLICY STATEMENT IN SUMMER 2019.FINAL RULES FOR CFDS WOULD APPLY FROM DATE THAT ESMA’S RESTRICTIONS EXPIRE, IF NOT EARLIER.