The ELFA and ICMA partnered to create guidance for the high yield bond market in line with ICMA’s Sustainability-Linked Bond Principles.
May 24, 2023FIs have been selling unsuitable products to elderly customers without conducting a proper risk assessment and sometimes categorising them as professional investors.
April 8, 2022Only institutional and ultra-HNW investors will be allowed to invest in distressed bond funds, which will be non-redeemable but have a maturity date prescribed.
May 14, 2021The FSC will conduct inspections at 10 banks, 6 credit unions, 6 insurers and 3 securities firms to check whether they have sold high-risk products to seniors.
May 14, 2021High-yield bond funds can be set up as non-redeemable closed-end mutual funds or investment trusts, with a maturity period of at least two years.
July 16, 2020