The Irish regulator is asking investment firms to take action as the market is shifting towards increasingly complex structured products.
The Central Bank of Ireland (CBI) has written to Mifid investment firms, outlining the findings from a series of targeted reviews of structured products aimed at retail investors. The reviews found a number of poor practices and weaknesses in firms’ processes, which increase risks to investors. We want to see that complex investment products are designed with real investment needs in mind - Colm Kincaid, CBI This includes failure by firms to consider potential difficulties inves