Swedish regulator eyes blanket ban on distribution fees

Blanket ban could spell trouble for retail structured product space

The Swedish Financial Supervisory Authority's (SFSA) desire to apply a blanket ban on all distributions fees for the insurance intermediary market has sparked worries among local bankers that a stronger stance could be applied across the board and harm the independent and local retail structured products market in Sweden.

"The regulator wants to expand that prohibition so that it not only covers those who are independent but also anyone who provides investment advice," says Anders Malm, partner

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