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Questions

Which principle justifies ESMA intervention only when national authorities have not acted adequately?

The principle of proportionality
The principle of subsidiarity
The principle of equality
The principle of transparency

What is the minimum period for normal notification of measures proposed by a national authority under the MiFIR Regulation?

Twenty-four hours
One month
Three months
One week

What is the maximum duration of temporary measures taken by ESMA under the 2022 revisions?

Three months
Six months
One year
Two years

What is the leverage limit imposed by ESMA restrictions on CFDs for crypto-assets?

5:1
10:1
2:1 for crypto-assets
5:1 for crypto-assets

The Paris Court of Appeal has jurisdiction over appeals against individual decisions concerning investment service providers taken by the AMF.

True
False

Measures taken by national authorities may be permanent, unlike those of ESMA which are always temporary.

True
False

Categorize items by dragging them to the appropriate zones

Items to categorize:

Maximum duration of measures: six months
Possibility of permanent measures
One-month notice before taking effect
Intervention only if national authorities have not acted adequately
Categories:

ESMA intervention powers

National authority intervention powers

ESMA intervention criteria

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