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Stepping on the brakes

The structured products market in Norway is undergoing a paradigm shift after local financial supervisory authority Kredittilsynet tightened rules relating to the sale of such instruments to retail investors. Hardeep Dhillon surveys the new landscape

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

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