On 29 June 2018, FME announced that the countercyclical capital buffer would remain unchanged in accordance with the recommendations of the Financial Stability Council on 26 June 2018.
The Financial Supervisory Authority published an interpretation on 5 July 2018 on the marketing, distribution or sale of CFDs and binary options covered by ESMA‘s measures dated 27 March 2018. The measures are based on Article 40 of Regulation (EU) No 600/2014 (MiFIR) in light of the inherent risk and complexity of CFDs and binary options causing significant financial losses for retail investors. As of August 24 2018 ESMA has agreed to renew the prohibition and exclude a limited number of products from the scope of its measure. Further information on ESMA‘s measure is available on its website.