Insurers should act quickly to avoid accusations they have failed to make claims on behalf of customers and shareholders whose assets were diminished

Some commentators might say structured product litigation is on the way but this is misleading. It is already here — and more is expected.

THE new Markets in Financial Instruments Directive is due to come into force in the European Economic Area (the 27 members of the EU, plus Norway, Iceland and Liechtenstein) on November 1, 2007.