Tag: Regulators
Korea’s regulator slams banks over HSCEI-linked ELS misselling
Asia Pacific | Regulations & Legal
01 Dec 2023 by Jocelyn Yang
The head of the Korean financial watchdog has questioned whether the principle of suitability was properly observed by banks, considering that a large amount of ELS products was sold mostly to senior citizens at a particular period of time.
DLS are fraudulent, says Korean democratic party
Asia Pacific | Regulations & Legal
22 Oct 2019 by Jihye Hwang
A South Korean lawmaker has called derivative-linked securities (DLS) ‘fraudulent,’ while urging the regulator to set out improved guidelines to regulate sales as well as the manufacturing of risky products sold to retail investors.
UK provider halts product offering, enters ‘special administration’
Europe | Industry
08 Oct 2019 by SRP News
UK structured products distributor Reyker Securities has stopped all activities following financial difficulties.
