The regulator has released new guidance on risk management for A-share linked OTC derivatives products, following 40% high coupon rate products offered in the market.
The China Securities Regulatory Commission (CSRC) has issued new internal guidance on risk management for over-the-counter (OTC) derivative products to local brokerage houses to tighten new exposure to these products, according to industry sources familiar with the matter. The regulator has grown to learn snowball products over the years, including pricing the coupon in that 10% to 20% range The securities houses were told to suspend increasing new exposure to China’s A shares-linked O
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