79. Deputy Michael Fitzmaurice asked the Minister for Finance if his attention has been drawn to the fact that binary options trading has been banned in some countries; if his attention has further been drawn to the fact that the other jurisdictions consider binary options to be gambling in disguise, as distinct from trading in regulated assets such as shares and bonds; the steps he has taken to ensure that any such trading is regulated and supervised in the correct way; if all companies engaged in binary options are registered with the Central Bank of Ireland; and if he will make a statement on the matter. [36496/16]

Summary

79. Deputy Michael Fitzmaurice asked the Minister for Finance if his attention has been drawn to the fact that binary options trading has been banned in some countries; if his attention has further been drawn to the fact that the other jurisdictions consider binary options to be gambling in disguise, as distinct from trading in regulated assets such as shares and bonds; the steps he has taken to ensure that any such trading is regulated and supervised in the correct way; if all companies engaged in binary options are registered with the Central Bank of Ireland; and if he will make a statement on the matter. [36496/16]

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• Financial Services Regulation

  xml · EN · 23 November 2016

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