Swiss trade bodies issue new transparency guidelines

SSPA and SBA update rules on fees and prospectuses

georg-von-wattenwyl vontobel bank
Georg von Wattenwyl, Swiss Structured Products Association

The Swiss Bankers Association (SBA) and the Swiss Structured Products Association (SSPA) have issued joint guidelines on structured products designed to increase transparency in promotional materials and distributor charges for non-qualified investors.

The Guidelines on informing investors about structured products aim to protect non-professional investors by setting minimum standards for promotional documents. They will come into effect on March 1, 2015, replacing the SBA's 2007 version of the

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