The Financial Services Commission has released a series of measures to strengthen currency liquidity for securities firms and set up two platforms for investors in response to an increase in issuance of structured products in South Korea.
The larger volume resulted from the continuing low interest rates environment and could ‘pose significant burdens on (securities firms’) financial soundness and liquidity,’ the watchdog said. The structured products affected by the new measures include equity-linked securities (ELS), derivative-linked securities (DLS), equity-linked bonds (ELB), derivative-linked bonds (DLB), equity-linked warrants and exchange-traded notes (ETNs). The outstanding balance of ELS, DLS, ELB and
Continue reading with a subscription to the SRP market intelligence platform.
Request DemoAlready a subscriber? Login