In recent months, regulators in the European Union have had binary options brokerages firmly in their cross-hairs. Following on from the CySEC April circular which sent shock waves through the binary options industry, ESMA has pushed for further reform, with countries such as the Netherlands, France, Denmark, and Belgium making moves to ban advertising and other aspects of binary options related activities. Add to this the bad press the industry has received in recent months, and the glory days of the Binary Options industry seem to be counted.

In a three-part series published in Finance Magnates, we go over the changes made by various jurisdictions across the EU and how those actions are sending shock waves across Israel, a country that in the recent years, has become a comfortable home for many binary options call centers and back-end operations.

Read Part II

 

Contact Us
Subscribe