The Hong Kong Securities and Futures Commission (SFC) has reprimanded and fined UBS HK$400m for overcharging clients, and related internal control failures involving structured notes.
JP Morgan 2019 Global Liquidity PeerView(SM) survey reveals demand for structured deposits in Asia-Pacific remains strong in late-cycle, as focus on ESG Increases.
United Overseas Bank (UOB) is the leading structured products manufacturers in Singapore. SRP spoke to John Lau (pictured), its head of treasury products and specialists, regional and Singapore, deposit and wealth management, about the bank’s philosophy around structured products and how these products can help navigate uncertain market environments.
Australian Securities & Investments Commission (Asic) targets former ANZ advisory firm for ‘bad advice’ and ‘cookie cutter’ approach in relation to sale of structured products.
The UK bank sold structured products in only two markets during a third quarter which was impacted by a 'lower contribution from equity derivatives', according to Tushar Morzaria (pictured), finance director.
The sales volume of gold-linked products in the Asia Pacific region increased by 30% quarter-on-quarter despite a drop in the overall sales volume of structured products.
Three hundred and eighty-nine products with an estimated sales volume of CNY38.06 billion (US$5.3 billion) were added to the SRP China database in September.
A South Korean lawmaker has called derivative-linked securities (DLS) ‘fraudulent,’ while urging the regulator to set out improved guidelines to regulate sales as well as the manufacturing of risky products sold to retail investors.
China's banking and insurance watchdog issued rules on Friday to establish a regulatory framework for commercial banks aimed at putting controls on the rife expansion of structured deposit products in the country.