The Financial Services Commission (FSC) has implemented a series of regulatory measures in South Korea following the mis-selling incident in August 2019. We recap the major regulatory moves as they gradually take into effect.

The dominant products in the South Korean market are equity-linked securities (ELS), equity-linked bonds (ELB), derivative-linked securities (DLS) and derivative-linked bonds (DLB), which are traded over-the-counter - together had a balance of KRW82.8 trillion (US$74.9 billion) at the end of March 2021. Equity-linked warrants (DLW) and equity-traded notes (ETN) listed on the Korea Exchange account for a small market share. ELS and ELB track equity indices, stocks, ETFs and ETNs while DLS/DLB ar

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