Dark clouds descend

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Bankers in Taiwan have struggled to keep pace with the Financial Supervisory Commission (FSC), the country's financial regulator, which has bombarded them with series of potential updates related to the sale of structured products in Taiwan. At one point last month, bankers believed the entire structured products market in Taiwan was destined to be closed for business.

The development occurred when the FSC issued guidelines on June 18 stating investors could only buy structured notes if they had

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