The South Korean equity-linked securities (ELSs) and money market funds (MMF) market needs strengthened monitoring given its “rapidly and excessively” growing size, according to the chairman of the South Korean Financial Services Commission (FSC), Lim Jong-ryong, Lim pointed to a recent report by the Bank of Korea which stated that there is a need to examine the potential risks and market conditions of the South Korean financial market and the capital size of the ELSs and MMFs segments. Howev