Binary options could be banned in Australia under proposals unveiled by the nation’s corporate regulator. ASIC is also looking to impose stricter conditions on the issue and distribution of CFDs after expressing concerns about the amount consumers are losing.
The Central Bank of Ireland is to introduce a ban on the sale of binary options to retail investors and also restrict the sale of contracts for difference (CFD) products.
The UK’s Financial Conduct Authority (FCA) is to introduce a permanent ban on the sale, marketing or distribution of binary options to retail consumers, with the new rules coming into effect from April 2.
Playtech has reported a 54% year-on-year increase in revenue for 2018, though growth for the year was largely down to the acquisition of Italian operator Snaitech, with the solutions giant’s B2B division struggling.
The Autorité des marchés financiers (AMF), the stock market regulatory body in France, has ruled companies using cryptocurrencies must abide by certain rules
The UK Financial Conduct Authority (FCA) is to review the current process for the provision and distribution of contracts for difference (CFD) products
Spread betting firms saw their share prices plummet after the European Union’s financial regulator announced a crackdown on binary options and contracts for difference
The Cyprus Securities and Exchange Commission has published a new circular aimed at making brokers increase the level of monitoring and supervision they exercise over their affiliates.
Plus500 has reached a settlement agreement with the Belgium Financial Services and Markets Authority (FSMA) in relation to the public offering of investment instruments, including CFDs, in the country.
French financial regulator Autorité des marchés financiers (AMF) has begun to enforce a ban on the electronic advertising of forex and binary options services.
IG Group has responded to the introduction of new advertising regulations by the French Autorité des marchés financiers (AMF) regulatory body, saying it does not believe such measures will have a negative impact on business.
The German Federal Financial Supervisor Authority (BaFin) has put forward a set of proposed changes to the country’s laws regarding the sales of contract for difference (CFD).
Financial trading companies lost almost £2 billion (€2.3 billion/$2.5 billion) yesterday (Tuesday) after the Financial Conduct Authority (FCA) proposed rule changes for firms selling contract for difference (CFD) products to retail customers.
The FCA's statement was a major announcement in the world of CFD (and binary) sites. However, any new regulation will have to ensure legal operators remain attractive to punters.
The UK’s Financial Conduct Authority (FCA) has today (Tuesday) proposed a new set of rules for firms selling contract for difference (CFD) products to retail customers in an effort to improve standards across the sector.
