Germany's search for clarification

Conference report

The more that issuers adhere to the German trade body Derivate Forum's code of conduct, the better, said Siegfried Piel, the forum's Frankfurt-based chairman and global head of derivatives trading at Sal Oppenheim, in his keynote address at Structured Products Deutschland.

The so-called Derivate Kodex, which was issued by Derivate Forum last year, provides guidelines to structured products providers on a range of topics, seeking to improve the transparency of underlyings, for example, and ensure

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