UK’s Financial Service Authority (FSA) Proposes Guidance on Structured Products
| Date Published | 11/3/2011 |
| Author | Marja Hoek-Smit |
| Theme | |
| Country | United Kingdom |
The FSA conducted a Structured Products Review that included
the major providers of structured investment products –both capital-at-risk and
non-capital-at-risk – and structured deposit products between November 2010 and
May 2011. Following this review, the FSA published “Proposed Guidance for
Consultation” on Structured Products on November 3, 2011. Link
The aim is to decrease the risk to consumers who invest in
structured products. The consultation sets out guidance to firms in the design of structured products, the pre-testing
and approval process of new products, and the post-sale monitoring of the
products throughout their life cycle.