No stress at Tressis


The Markets in Financial Instruments Directive (Mifid) became law across Europe at the beginning of November, creating a headache for distributors, who are now obliged to carry out client suitability tests whenever they sell structured products. For Madrid-based distributor Tressis, however, Mifid compliance should prove relatively painless.

"We think that the success of a product comes from the client's correct understanding of it before they buy it, and that is key for us," says Sonsoles

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