Structured deposits in the spotlight as regulator demands more clarity

Europe | Regulations & Legal

09 Aug 2019 by SRP News

The European Banking Authority (EBA) has released the first of three opinions on the implementation of the Deposit Guarantee Schemes Directive (DGSD).

Philippines regulator releases risk management guidelines for structured products

Asia Pacific | Regulations & Legal

08 Aug 2019 by Jihye Hwang

The guidelines are laid out to ensure that risks from banks’ investment activities, including dealing with structured products, are effectively identified and monitored.

US court backs RBC in rev conv case

North America | Regulations & Legal

08 Aug 2019 by Pablo Conde

The Canadian bank dodges a reverse convertible notes class action on a technicality.

Spain’s distributors to benefit from new prospectus regime

Europe | Regulations & Legal

23 Jul 2019 by Pablo Conde

The end of a stringent regime regulating issuance in Spain following the third Prospectus Directive (PD3) coming into force this week is expected to have a positive impact in the domestic retail market.

South Korea improves options trading for Kospi 200

Asia Pacific | Regulations & Legal

15 Jul 2019 by Jihye Hwang

South Korea is set to launch Kospi 200 options with a maturity of one week in September that will make it easier for issuers to manage their autocallable books.

EBA: Manufacturers failing to meet investor needs

Europe | Regulations & Legal

09 Jul 2019 by SRP News

European regulator spells out product governance shortcomings, points the minority of manufacturers commercial interests are taking preference over customers’ needs

New SFC rules will create a level-playing field for online, offline distributors

Asia Pacific | Regulations & Legal

04 Jul 2019 by Jihye Hwang

A new set of rules introduced by Hong Kong’s Securities and Futures Commission (SFC) on complex products will take effect this weekend. The new guidelines come into effect after a three-month extension from the initial implementation date.

Libor reform: Infrastructure to support new products is vital

Europe | Regulations & Legal

04 Jul 2019 by Marc Wolterink

International regulators have been calling for alternative risk-free rates to replace interbank offered rates (Ibors). Such a transition is particularly urgent in the jurisdictions where the relevant Ibor will likely be discontinued.

Australian regulator ponders new product intervention powers

Asia Pacific | Regulations & Legal

03 Jul 2019 by Jihye Hwang

The Australian Securities & Investments Commission (Asic) is seeking feedback from industry participants on its new product intervention powers.