Sector focusing on information, transparency and the dissemination of knowledge
Another of the association’s central concerns is the successive improvement in the transparency of structured products. From 1 March 2015 onwards structured product issuers will state product distribution fees. Distribution fees include fees structured product issuers include in the issue price, such as compensation paid to distribution partners. Investors will therefore know what monetary incentives distributors receive in return for distributing the respective products.
Many tasks await me within the context of my new function, and I am determined to tackle these with enthusiasm and élan. My aim is to see the structured products sector continue to advance. Within this context I also wish to thank my predecessor Daniel Sandmeier most warmly. The foundations he created through his excellent and long-standing work as President of the SSPA are superb. In this, the first issue of the association’s new Newsletter, he looks back over the development of the sector in recent years.
Georg von Wattenwyl, SSPA President