European Structured Investment Products Association (eusipa) adopted Code of Conduct
30 May 2011
The newly published eusipa Principles contain seven rules, which are supposed to ensure the quality of the products and the fair treatment of investors. They include rules concerning the issuer's credit risk, transparency of the underlying instrument, product clarity, trading and price.
Compared to existing codes of conduct e.g. in Germany or Austria, the eusipa Principles in addition contain a rule on education. “The last years have shown that education cannot be emphasised enough”, says Frank Weingarts, member of the Board of Directors and co-ordinator of the Principles task-force. “We accommodate this point by specifically including education in our Principles.”
Press release
© eusipa
