Tag: South Korea
Korea court clears Hana Bank chair for mis-selling DLF penalty
Asia Pacific | Regulations & Legal
06 Mar 2024 by Jocelyn Yang
The latest ruling overturns the first trial’s ruling in March 2022, which dismissed the bank’s then-CEO and other executives’ pledge to clear out the penalty for the DLF fiasco.
Nikkei 225 takes over HSCEI on Korea’s autocalls
Asia Pacific | Products
05 Mar 2024 by Jocelyn Yang
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.
Korean regulators set out HSCEI ELS loss compensation plan
Asia Pacific | Regulations & Legal
21 Feb 2024 by Jocelyn Yang
The Financial Supervisory Service is pursuing ‘prompt dispute resolution’ by reviewing measures to provide damage relief to affected investors.
South Korea Market Review, January 2024: sales up 40% YoY
Asia Pacific | Market Reviews
20 Feb 2024 by Lachezara Tsenova
There were 2,151 products issued in the retail segment in January.
HSCEI woes heighten concerns over Korean ELS
Asia Pacific | Products
05 Feb 2024 by Jocelyn Yang
The Hong Kong benchmark index’s tumble in January deepens another worry: Korea's HSCEI-linked ELS might approach loss territory.
Korea’s ELS issuance edges up, outstanding goes down
Asia Pacific | Products
23 Jan 2024 by Jocelyn Yang
South Korea’s early redemption amount of ELS products rebounds in 2023.
SRP in brief: wind in the sales
International | Industry
15 Jan 2024 by Amelie Labbe
Sales volumes increased in France. Elsewhere, the Korean regulator launched an investigation into banks and brokerage firms that sold ELS tied to HSCEI.
Update: FSS expands probe on HSCEI-linked ELS misselling
Asia Pacific | Industry
09 Jan 2024 by Jocelyn Yang
The latest investigation follows an initial investigation by the South Korean financial watchdog in late 2023, which discovered management system issues in the sales of equity linked securities (ELS).
South Korea Market Review, November 2023: market slow-down over HSCEI concerns
Asia Pacific | Market Reviews
29 Dec 2023 by Lachezara Tsenova
There were 1,788 products issued in the retail segment in November.
