UK FSA releases structured products suitability Q&A

The UK Financial Services Authority (FSA) has released a frequently asked questions document to assist in the interpretation of the structured investment products suitability template, published by the FSA on October 27, 2009. "It seems the Q&As are consistent with the expectation we heard recently," says one London-based structured products banker. "On the very important point of limits and diversification, the FSA has given significant latitude for individual firms to exceed them based

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