Regulation remains at the top of the industry's agenda and continues to bring challenges around the issuance of structured products.
As markets go, Belgium has suffered more regulatory interference than most with its moratorium on the distribution of complex structured products and the FSMA’s recommendation on the use of custom-made house indices . Clients see that there are good products, but in some cases the best products are for other clients such as high net worth individuals, pension funds, or clients from other regions - Antonio Celeste, Qontigo “Do we believe that the retail client in
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