The Financial Services Commission (FSC) has released new guidelines to strengthen investor protection with high-risk investment products.
Despite the recent controversy around equity-linked securities (ELS) and derivative-linked securities (DLS), ELS/ equity-linked bond (ELB) issuances will hit KRW89 trillion in 2019 and KRW91 trillion in 2020, while DLS/derivative-linked bonds (DLB) issuances will reach KRW26 trillion in 2019 and KRW27 trillion, respectively, in 2020, according to Samsung Securities.
The Chinese Securities Company has entered Hong Kong’s warrants and CBBC market after qualifying as a listed structured products issuer by with the Hong Kong Stock Exchange.
The UK bank has expanded its coverage of UHNW investors to respond to new demand as the region’s wealth grows faster than any other region.
Product issuance increased by less than two percent in October, compared to the previous month, with 1,332 products issued in the retail segment. Sales volumes, at KRW7.17 trillion (US$6.19 billion) were up six percent from September.
The Monetary Authority of Singapore (MAS) has launched a consultation to consider the regulation of derivatives based on ‘payment tokens’ such as bitcoin and ether, where the derivatives are traded on approved exchanges.
The China Banking and Insurance Regulatory Commission (CBIRC) has issued a notice on further regulating the structured deposit business of commercial banks.
The Taiwanese structured products market is slowly recovering from the difficult start of 2019. Year-to-date data shows that, although visibly slower than the previous period, on an annual basis the volumes are catching up with the market performance from last year, and by year-end 2019 we are likely to see a full recovery.
Issuance in South Korea decreased by seven percent in September, compared to the previous month, with 1,098 products launched in the retail segment.