01 Mar 2021
In this paper, we focus on the amendments related to autocallables. These products are known by various names in different countries including Kick-outs in the UK, Express Certificates in Germany, Austria, and Italy, and Autocall in Belgium, France, Luxembourg, Netherlands, Nordic countries and most of Europe. We limit the scope of this paper to the changes in performance scenarios. In a future paper, we will address changes relevant to cost disclosure.
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