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Plus500 reaches €550,000 settlement with Belgian regulator

Staff Writer |
Plus500 said it has reached a €550,000 settlement with Belgian financial regulators over its offering of contract-for-difference products in the country.

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Plus500 said the settlement does not amount to an admission of guilt or non-compliance, but the agreement was "appropriate to respect the authority" of the Belgium Financial Services & Markets Authority.

Belgium has banned the offering of contract-for-difference products.

Plus500 reaffirmed that it "does not have any regulatory restrictions" in any of its regulated markets.