{"id":4915,"date":"2016-12-07T11:55:15","date_gmt":"2016-12-07T09:55:15","guid":{"rendered":"https:\/\/fzmayuxbif.wpdns.site\/?p=4915"},"modified":"2023-08-04T12:02:12","modified_gmt":"2023-08-04T09:02:12","slug":"cysec-issued-the-circular-with-subject-updated-version-of-esmas-qa-document-relating-to-the-provision-of-cfds","status":"publish","type":"post","link":"https:\/\/www.kyprianou.com\/de\/cysec-issued-the-circular-with-subject-updated-version-of-esmas-qa-document-relating-to-the-provision-of-cfds\/","title":{"rendered":"CySEC issued the Circular with subject &#8222;Updated version of ESMA&#8217;s Q&#038;A document relating to the provision of CFDs&#8220;"},"content":{"rendered":"<p>The Cyprus Securities and Exchange Commission (CySEC) issued last week Circular C168 with subject &#8222;Updated version of ESMA\u2019s Q&amp;A document relating to the provision of CFDs and other speculative products to retail investors under MiFID&#8220;. With the said Circular, CySEC has interpreted ESMA\u2019s Q&amp;A, as this was published earlier in October 2016, in relation to the offering of speculative products to retail clients subject to MiFID.<\/p>\n<p>The five main topics are:<\/p>\n<ol>\n<li>Bonus offering to be avoided;<\/li>\n<li>Deadline by 14th of December whereby CIFs must notify CySEC if any bonuses are offered to clients;<\/li>\n<li>CIFs must notify CySEC in advance in case they wish to promote new trading benefits;<\/li>\n<li>Withdrawal of bonus should be made within the same day;<\/li>\n<li>Use of leverage.<\/li>\n<\/ol>\n<p>The Circular is available\u00a0<a href=\"http:\/\/cysec.gov.cy\/CMSPages\/GetFile.aspx?guid=8a41b640-9022-4986-b6d9-dff92c39888f\" target=\"_blank\" rel=\"noopener\">at the following link<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Cyprus Securities and Exchange Commission (CySEC) issued last week Circular C168 with subject &#8222;Updated version of ESMA\u2019s Q&amp;A document relating to the provision of CFDs and other speculative products to retail investors under MiFID&#8220;. With the said Circular, CySEC has interpreted ESMA\u2019s Q&amp;A, as this was published earlier in October 2016, in relation to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_analysis_target_kw":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[305],"tags":[],"location":[25],"expertises":[],"key_contact":[],"class_list":["post-4915","post","type-post","status-publish","format-standard","hentry","category-press-releases","location-cyprus"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.kyprianou.com\/de\/wp-json\/wp\/v2\/posts\/4915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kyprianou.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kyprianou.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kyprianou.com\/de\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kyprianou.com\/de\/wp-json\/wp\/v2\/comments?post=4915"}],"version-history":[{"count":0,"href":"https:\/\/www.kyprianou.com\/de\/wp-json\/wp\/v2\/posts\/4915\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.kyprianou.com\/de\/wp-json\/wp\/v2\/media?parent=4915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kyprianou.com\/de\/wp-json\/wp\/v2\/categories?post=4915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kyprianou.com\/de\/wp-json\/wp\/v2\/tags?post=4915"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/www.kyprianou.com\/de\/wp-json\/wp\/v2\/location?post=4915"},{"taxonomy":"expertises","embeddable":true,"href":"https:\/\/www.kyprianou.com\/de\/wp-json\/wp\/v2\/expertises?post=4915"},{"taxonomy":"key_contact","embeddable":true,"href":"https:\/\/www.kyprianou.com\/de\/wp-json\/wp\/v2\/key_contact?post=4915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}