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ESMA criticizes Poland over proposal for lower margin requirements for experienced CFD traders
The European Securities and Markets Authority (ESMA) has just published another set of opinions regarding the national measures aimed at restricting the offering of CFDs to retail clients of brokerages. The opinion regarding the Polish measures is particularly interesting. The Komisja Nadzoru Finansowego of Poland (KNF) notified ESMA on June 28, 2019 of its intention to take product intervention measures. The KNF informed ESMA that the national measures are the same as ESMA’s measures at national level, except that the national measures: (i) in the case of services provided from Poland in another Member State, ... (full story)
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