In March 2009 the FSA published Policy Statement 09/3: Disclosure of Contracts for Difference - Feedback on CP08/17 and final rules (PS09/3). In PS09/3 the FSA set out the final Handbook text for the disclosure of Contracts for Difference (CfDs). These rules come into force on 1 June 2009.
The FSA has now published Questions and Answers (Q&As) which cover some of the key issues which may assist market participants’ understanding of the new regime. The Q&As do not constitute FSA guidance but should be considered in conjunction with PS09/3 and the relevant FSA Consultation Papers relating to the regime.
View Disclosure of CfDs - Questions & Answers, (PDF 50.1KB), 11 May 2009