Guaranteed clashes

India Risk - Structured products

asiarisk-jul07-supp08-gif

India's late arrival on the retail structured products scene has meant that its regulations have evolved more slowly than in other countries. Use of over-the-counter (OTC) derivatives is prohibited, leverage is outlawed and, until recently, banks were unable to market capital-guaranteed structured funds to retail clients. "The laws on capital-guaranteed products are very prescriptive," says Sai Tampi, head of portfolio management services at HSBC in Mumbai. "As there are several small and fi

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: