SFC highlights new swap-based L&I structures

The financial regulator authorised 146 unlisted equity-linked investments and deposits for public offering from April 2020 to March 2021 – the same number as the prior year, according to its annual report.   The number of RMB-denominated unlisted structured products also remained unchanged at 145 at the end of March 2021 compared with a year ago. We authorised the first batch of swap-based L&I [ leverage & inverse]   products tracking Mainland equity indices