Last year, one of the major topics for structured product regulation was product complexity. Although the issue is still somewhat under discussion, regulators have rightly come to agree that complexity and risk are two separate issues that should not be confused. As the Esma report, Retailisation in the EU, correctly states: "For instance, there are simple products... that might be riskier than others with higher complexity."
This year, all signs point to cost disclosure being a major topic of i
The week on Risk.net, July 7-13, 2018Receive this by email