The retail market for structured products in the EU has seen an overall decline in outstanding amounts in recent years, consistent with a falling trend in sales volumes despite a moderate shift from medium-term to shorter-term products, according to the European Securities and Markets Authority's (Esma) latest Trends, Risks, and Vulnerabilities (TRV) Report. The European watchdog noted that capital protection products have declined as a share of sales and of outstanding volumes, indicating that

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