Swiss banks owe more than £4bn in ‘retrocessions’

Europe | Regulations & Legal

13 Jan 2020 by Pablo Conde

Investors are running out of time to reclaim a share of £4.6 billion in commission fees applied by Swiss financial products providers.

Taiwan regulator lifts restrictions on structured notes

Asia Pacific | Regulations & Legal

08 Jan 2020 by Pablo Conde

The FSC will announce in March which banks qualify to issue new structured note products after easing the regulatory framework in the country.

Australian watchdog sets out new rules on product design, distribution

Asia Pacific | Regulations & Legal

03 Jan 2020 by SRP News

The Australian Securities and Investments Commission (Asic) is seeking feedback on draft guidance covering financial product design and distribution obligations. The new obligations come into effect in April 2021.

SK watchdog fine-tunes new rules for ‘high-risk’ investment products

Asia Pacific | Regulations & Legal

12 Dec 2019 by Pablo Conde

The Financial Services Commission (FSC) has released new guidelines to strengthen investor protection with high-risk investment products.

Singapore regulator opens up to exchange-traded crypto derivatives

Asia Pacific | Regulations & Legal

25 Nov 2019 by SRP News

The Monetary Authority of Singapore (MAS) has launched a consultation to consider the regulation of derivatives based on ‘payment tokens’ such as bitcoin and ether, where the derivatives are traded on approved exchanges.

Esma: Priips Kid methodology and presentation will be amended

Europe | Regulations & Legal

21 Nov 2019 by SRP News

The European regulator acknowledges the need ‘to get a Kid that meets the intended outcomes’ as Mifid 2 follow up review looms.

Stoxx: Belgian ESG label ‘gigantic’ step forward

Europe | Regulations & Legal

19 Nov 2019 by Marc Wolterink

Four of the index provider’s indices that were designed as underlying for structured products have been certified with a Belgian sustainability label.

UBS hit with another penalty in Singapore for deceptive trades by its client advisors

Asia Pacific | Regulations & Legal

15 Nov 2019 by SRP News

The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $11.2 million on UBS for Deceptive Trades by its Client Advisors.

11 years on, Lehman’s fall still casts a shadow in the market

Europe | Regulations & Legal

14 Nov 2019 by Pablo Conde

Spain’s Bankinter ordered to compensate investors for disclosure shortcoming in products backed by Lehman Brothers.