FCA publishes its Business Plan for 2018/19

In its Business Plan for 2018/19, the FCA shows mitigating the effect of Brexit is its key priority for the coming year, supplemented by seven priorities across the financial sectors it regulates and other priorities within each of those seven sectors.

FCA publishes its Business Plan for 2018/19 Image

ESMA prohibits binary options and restricts CFDs to protect retail investors

ESMA has announced a ban on the provision of binary options to retail investors in the EU and placed restrictions on the provision of contracts for differences, including rolling spot forex and financial spread bets, to retail investors in the EU. The FCA supports ESMA’s application of EU-wide temporary product intervention measures and expects to consult on whether to apply these measures on a permanent basis.

ESMA prohibits binary options and restricts CFDs to protect retail investors Image