Stepping on the brakes


Norway's financial regulator, Kredittilsynet, has been stricter than its European peers in relation to structured products. The watchdog issued a new set of regulations on March 1 requiring financial institutions to comply with the investor protection rules under the Markets in Financial Instruments Directive (Mifid) for structured investment products such as structured deposits, which under normal circumstances would fall outside the scope of the directive.

So while structured funds, structured

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