01 Dec 2025
Korean regulator penalises five banks over ELS mis-selling
The combined amount of fines and penalties is expected to reach about KRW2 trillion (US$1.45 billion).
17 Nov 2025
Korean regulators introduce tougher rules for leveraged ETF investors
South Korean regulators will now require mandatory education and mock trading for retail investors seeking to access high risk overseas derivatives.
11 Nov 2025
Korea’s Hana Bank fined by regulator over ‘incomplete’ PE fund, ELT sales
The Korean bank broke solicitation rules of investment in specific money trust contracts, including equity-linked trusts (ELTs) sold between 2016 and 2019, according to the financial regulator.
04 Feb 2025
South Korean regulator slams ELS' sales practices
Claims of mis-selling remain as FSS lambasts distributors for lack of suitability and appropriateness checks.
30 Sep 2024
Sales of Korean autocalls drop after banks suspend sales in H1 24
The outstanding balance of non-principal-protected ELS products falls in the Korean market, while those principal-protected products increase.
11 Jun 2024
Latest: Korean regulators respond to rumours, Structured Alpha manager pleads guilty
In this week’s roundup we look at the ongoing investigation on ELS by Korean regulators; the latest update on the Allianz structured fund fraud case; three structured ETFs made their debut.
14 May 2024
SK regulator sets out HSCEI ELS compensation ratio to cover damages
The Financial Dispute Mediation Committee agreed on Monday (13 May) on the compensation ratio for each bank involved in the mis-selling dispute case, with Nonghyup Bank's case being determined to compensate 65% of the damages.
11 Apr 2024
Latest: Korea’s FSS to release ELS inspections reports, sanctions framework
In this week’s roundup, we also look at Leonteq's new activity at BX Exchange, SCG AM's fund of autocalls move to increase distribution, and Innovator's launch of a new structured ETF linked to an ETF.
19 Mar 2024
Latest: Leonteq partners with Alquant, Fitch warns ELS impact
This week we look at the latest offerings at Leonteq, Valour and Goldman Sachs while Fitch Ratings warns Korean bank’s profit due to ELS compensation.
11 Mar 2024
Korean watchdog slams sellers of HSCEI-linked ELS and sets up compensation plan
The FSS' latest investigation revealed that losses from HSCEI-linked ELS this year could reach KRW 5.8 trillion (US$4.4 billion).
06 Mar 2024
Korea court clears Hana Bank chair for mis-selling DLF penalty
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.
21 Feb 2024
Korean regulators set out HSCEI ELS loss compensation plan
The Financial Supervisory Service is pursuing ‘prompt dispute resolution’ by reviewing measures to provide damage relief to affected investors.