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Brief
Summary:
The European Securities and Markets Authority (ESMA) has published a discussion paper on the digitalisation of retail investment services and related investor protection considerations. The paper explores the potential opportunities and risks associated with the use of digital tools and technology in retail investments, including online disclosures, digital marketing practices, social media, and gamification. ESMA seeks stakeholder input on recommendations covering these topics by 14 March 2024. The insights gathered will inform ESMA's views on fostering investor protection while harnessing the benefits of innovation and preparing for potential mandates for technical advice and standards.
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