01 Jul 2024
SRP in brief: cost efficient
Regulatory developments were in focus in Europe last week, while South Korea’s autocallable product sales rebounded.
11 Jun 2024
Latest: Korean regulators respond to rumours, Structured Alpha manager pleads guilty
In this week’s roundup we look at the ongoing investigation on ELS by Korean regulators; the latest update on the Allianz structured fund fraud case; three structured ETFs made their debut.
20 May 2024
StanChart Korea puts US$100m aside to compensate HSCEI autocall investors
The contingency plan comes after the UK bank’s Korea unit sold US$900m worth of autocallable products tracking the HSCEI.
14 May 2024
SK regulator sets out HSCEI ELS compensation ratio to cover damages
The Financial Dispute Mediation Committee agreed on Monday (13 May) on the compensation ratio for each bank involved in the mis-selling dispute case, with Nonghyup Bank's case being determined to compensate 65% of the damages.
25 Apr 2024
South Korea Market Review, March 2024: Sales fall to 17-month low, HSCEI ELS woes drag on
As the shockwaves of the H share index-linked ELS losses rattle the market, market participants’ attention has started to shift to capital-protected products.
11 Apr 2024
Latest: Korea’s FSS to release ELS inspections reports, sanctions framework
In this week’s roundup, we also look at Leonteq's new activity at BX Exchange, SCG AM's fund of autocalls move to increase distribution, and Innovator's launch of a new structured ETF linked to an ETF.
05 Apr 2024
Kospi on top in Korea amid Hang Seng woes
As HSCEI loses its aura, the Korean ELS market is attempting to embark on the local underlying to capture its momentum.
21 Mar 2024
South Korea Market Review, February 2024: DLB sales up, worries over HSCEI continue
There were 1,855 products issued in the retail segment in February.
11 Mar 2024
Korean watchdog slams sellers of HSCEI-linked ELS and sets up compensation plan
The FSS' latest investigation revealed that losses from HSCEI-linked ELS this year could reach KRW 5.8 trillion (US$4.4 billion).
05 Mar 2024
Nikkei 225 takes over HSCEI on Korea’s autocalls
Over 4,300 ELS linked to the Nikkei 225 index have been issued in South Korea between March 2023 and March 2024, nearly double the volume issued in the prior year.
21 Feb 2024
Korean regulators set out HSCEI ELS loss compensation plan
The Financial Supervisory Service is pursuing ‘prompt dispute resolution’ by reviewing measures to provide damage relief to affected investors.
20 Feb 2024
South Korea Market Review, January 2024: sales up 40% YoY
There were 2,151 products issued in the retail segment in January.