ESMA released a public statement on its proposals for managing risks of a no-deal Brexit in the area of central clearing on 23 November. 

The public statement confirms that ESMA is engaging with the European Commission to plan, as far as possible, preparatory actions for the recognition process of UK CCPs to permit ongoing central clearing of derivatives, in case of a no-deal Brexit.

Read: The statement 

Read: The associated press release 

ESMA updated its Q&As on the short selling regulation and on certain aspects of credit default swaps on 14 November.

The Q&As clarify that identification of the relevant competent authority, following entry into application of MiFID II/MiFIR, is no longer made under Commission Regulation No 1287/2006 but under Commission Delegated Regulation (EU) 2017/590 for the reporting of transactions to competent authorities.

Read: The Q&As 

Read: The associated press release

ESMA updated its Q&As on temporary product intervention measures on the marketing, distribution or sale of CFDs and binary options to retail clients on 9 November.

The updated Q&As provide clarification on the application of temporary product intervention measures in relation to the prominence of the risk warning and further clarify what are considered “payments” for the purpose of entering into a CFD.

Read: The Q&As 

Read: The associated press release 

On 9 November, ESMA renewed its prohibitions of marketing, distribution or sale of binary options to retail clients for a further three months from 2 January 2019. 

Read: The ban