ESMA Registers Increase in Total Complaints, Decline in CFDs

[kreslik.news]

The European Securities Markets Authority (ESMA) has published a new document on the amount of client complaints against the financial institutions that are servicing consumers in the EU. A semiannual report is regularly being issued by the supranational regulator to assess the state of the industry.

The document shows that the total number of complaints from financial services consumers increased materially in the first half of 2016, when compared to the second half of 2015. The figure increased by 36 percent to a total of 7,026.


ESMA elaborates in its official announcement on the most common reasons ... (read more)