Tag: South Korea
StanChart Korea puts US$100m aside to compensate HSCEI autocall investors
Asia Pacific | Products
20 May 2024 by Jocelyn Yang
The contingency plan comes after the UK bank’s Korea unit sold US$900m worth of autocallable products tracking the HSCEI.
SRP in brief: resilience and challenges
International | Industry
20 May 2024 by SRP News
A news snapshot of the week features US product trends, European market overviews in the first quarter, an abstraction of APAC wrappers' latest developments, and more.
SK regulator sets out HSCEI ELS compensation ratio to cover damages
Asia Pacific | Regulations & Legal
14 May 2024 by Jocelyn Yang
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.
Kospi on top in Korea amid Hang Seng woes
Asia Pacific | Products
05 Apr 2024 by Jocelyn Yang
As HSCEI loses its aura, the Korean ELS market is attempting to embark on the local underlying to capture its momentum.
South Korea Market Review, February 2024: DLB sales up, worries over HSCEI continue
Asia Pacific | Market Reviews
21 Mar 2024 by Lachezara Tsenova
There were 1,855 products issued in the retail segment in February.
SRP in brief: stop and start
International | Industry
11 Mar 2024 by SRP News
The past week saw developments in the UK market while Korean regulator finally releases its probe results after three months.
Korea court clears Hana Bank chair for mis-selling DLF penalty
Asia Pacific | Regulations & Legal
06 Mar 2024 by Jocelyn Yang
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.
Nikkei 225 takes over HSCEI on Korea’s autocalls
Asia Pacific | Products
05 Mar 2024 by Jocelyn Yang
Over 4,300 ELS linked to the Nikkei 225 index have been issued in South Korea between March 2023 and March 2024, nearly double the volume issued in the prior year.
Korean regulators set out HSCEI ELS loss compensation plan
Asia Pacific | Regulations & Legal
21 Feb 2024 by Jocelyn Yang
The Financial Supervisory Service is pursuing ‘prompt dispute resolution’ by reviewing measures to provide damage relief to affected investors.
