HKMA puts clamps on Morgan Stanley mini-bonds | Marketplace | ifrasia

HKMA puts clamps on Morgan Stanley mini-bonds | Marketplace | ifrasia

HKMA puts clamps on Morgan Stanley mini-bonds
IFR Asia 602 - 6 June to 19 June 2009

The Hong Kong Monetary Authority (HKMA), the territory’s de-facto central bank, has asked the distributors of Morgan Stanley-issued credit-linked structured products to carefully monitor and keep consumers informed of the risk ratings of such products. The regulator said that it is keeping a close eye on developments related to the distribution of these products, known as Octave Notes.