The complexity speculative products means it may be difficult for the majority of retail investors to understand the risks involved
Proposed guidelines aim to safeguard investors
Consultation period closes Dec. 5
Proposed standards aim to help to restore trust both in benchmarks and financial markets
Joint committee cites low yields, low growth and other risks to EU financial system
There are no significant obstacles impeding the application of the passport to Canada and other countries
European securities regulators launch consultation with discussion paper
The comment period is open until June 30
The tests will focus on the risk that European CCPs would face if multiple clearing houses defaulted and they suffered simultaneous market shocks
There is scope to strengthen enforcement activities