Introduction

European banks have been forced to get to grips with a new reality since November 1. Now, when selling structured products to retail customers, they first have to ensure the investment is suitable for the investor. The distributor must also strive to get the best result for its customer, based on several factors including price.

It's all part of the European Union's wide-ranging Markets in Financial Instruments Directive (Mifid), which came into force from last month. Bankers generally welcome

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options