The Cyprus Securities and Exchange Commission (CySEC) issued last week Circular C168 with subject "Updated version of ESMA’s Q&A document relating to the provision of CFDs and other speculative products to retail investors under MiFID". With the said Circular, CySEC has interpreted ESMA’s Q&A, as this was published earlier in October 2016, in relation to the offering of speculative products to retail clients subject to MiFID.
The five main topics are:
The Circular is available at the following link.