Tag: FSS
SK investors brace for losses as misselling allegations rock banks
Asia Pacific | Regulations & Legal
19 Aug 2019 by Jihye Hwang
South Korea’s financial regulator has announced plans to investigate local banks that sold rate-linked products – those tracking German 10-year bond yield, UK and US dollar swap rates. The banks have come under fire for misselling the ‘high-risk’ products.
SK regulator increases scrutiny of issuer risk management
Asia Pacific | Regulations & Legal
27 Jun 2019 by Jihye Hwang
The FSS has pledged to strengthen monitoring on local issuers’ risk management of exotic products and conduct an on-site inspection in the second half of this year.
South Korea Market Review - October 2018
Asia Pacific | Market Reviews
22 Nov 2018 by Iveta Pekova
Structured products issuance rose 23% in October, despite market uncertainties, with volumes picking up pace to KRW8.5 trillion (US$7.75 billion) – a 26% increase compared to September after sales volumes plunged in July and August following the drop of the Hang Seng China Enterprises Index (HSCEI).
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South Korea’s ELS issuance rises in October but uncertainties remain
Asia Pacific | Products
16 Nov 2018 by Jihye Hwang
Increase is expected to neutralise hedging losses
