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This article analyses the international trend towards the adoption of short-form disclosure documents for retail financial products through a comparison of six jurisdictions: the European Union, Australia, Hong Kong, Singapore, Canada and New Zealand. For the purposes of the analysis,...
Persistent link: https://www.econbiz.de/10013019303
Recent years have seen a trend in many countries towards the adoption of short-form disclosure documents for the sale of financial products (ie, disclosure documents in respect of which the maximum page length is prescribed, either on a mandatory or recommended basis). This trend has been driven...
Persistent link: https://www.econbiz.de/10012992271
Recent years have seen a trend in many jurisdictions towards the adoption of short-form disclosure documents for retail financial products. This paper analyses the challenges and trends in relation to short-form disclosure documents from a comparative perspective. Developments in the following...
Persistent link: https://www.econbiz.de/10013045630
The trigger for this article was the crisis caused by the collapse of an investment product arranged by Lehman Brothers Asia Limited and marketed in Hong Kong under the name ‘Minibonds'. As outlined in Part III below, this product proved popular among retail investors, many of whom incurred...
Persistent link: https://www.econbiz.de/10013142806