On 30 July 2018, the European Securities and Markets Authority (ESMA) published an updated version of its Q&As on temporary product intervention measures on the marketing, distribution or sale of contracts for differences (CFDs) and binary options (BO) to retail clients.

The updated Q&As cover whether:

  • turbo certificates are within the scope of the CFD decision (Q5.10); and
  • structured finance products are within the scope of the BO decision or the CFD decision (Q5.11).