Contractual Structure of Structured Notes and Legal Characterisation of Non-Discretionary Trust

• Main Author: CHEN, Christopher Chao-hung
• Format: text
• Language: Chinese
• Published: Institutional Knowledge at Singapore Management University 2009
• Subjects: structured note; derivatives; security; non-discretionary trust; Banking and Finance Law; Commercial Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/515
• Institution: Singapore Management University

This article argues that if a structured product is documented as “notes”, it should be deemed as “securities” under the Securities Exchange Act in Taiwan. It should be regulated issuance, purchase or brokerage activities under securities regulations, if a structured note is issued directly in Taiwa...