Professionals

12. How long will the moratorium last?

The moratorium comes into effect on 1 August 2011. It will remain in force during the public consultation that the FSMA will conduct regarding the distribution of structured products. Based on that consultation, the FSMA will draw up a new regulation on the distribution of structured products. When that regulation comes into effect, the voluntary moratorium will come to an end. The aim is to present a draft of the new regulation by the end of the year.