10. Why a voluntary moratorium rather than a ban?

The voluntary moratorium serves a twofold purpose. First and foremost, it guarantees the necessary restraint in distributing new products during the consultation period regarding the new regulation on structured products. The rules governing the distribution of structured products that will result from the process will be drawn up on the basis of the results of the public consultation to be launched this summer. Moreover, the moratorium makes it possible for a rapid change in the market.