
ETFs under the microscope
Regulators are keen to tackle perceived risks in the ETF market, particularly those of collateral quality and lack of transparency. However, product providers claim they have already responded to many of their concerns. Andrew Capon reports

The exchange-traded fund (ETF) market has been at the centre of a regulatory storm ever since three regulatory bodies independently published warnings about the systemic risks posed by the products last year. Fourteen months on, regulators are taking action – the European Securities and Markets Authority (Esma) is expected to issue final guidance on Ucits ETFs imminently, and others are likely to follow suit.
ETF regulation concerns
ETF providers are not just dealing with greater regulatory
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