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Germany's highest court in civil matters, the Bundesgerichtshof ("BGH") decided on information and disclosure requirements for banks when selling a specific type of structured products, spread ladder swaps, to their customers
Over the last years, German courts had to decide in a number of cases on disclosure and information requirements for a bank entering into structured swap transactions with German municipalities as well as corporate and private customers
European Union, France, Germany, Japan, Libya, Netherlands, Poland, United Kingdom
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September 28 2011
The Comisión Nacional del Mercado de Valores (National Securities Market Commission) (CNMV) has published an updated set of FAQs in relation to its temporary measure on net short positions
