Korea regulator calls for risk control as HSCEI losses bite

The balance of structured products reaching their knock-in level in South Korea increased by 280% to KRW1.1 trillion (US$850 billion) at the end of Q3 2022 compared with three months ago mainly due to the weak performance of the HSCEI,  according to the report released by the Financial Supervisory Service (FSS) on 8 January. Nearly all the balance comes from equity-linked securities (ELS) while derivative-linked securities (DLS) contributed KRW4.4 billion. The HSCEI, which compr