Tag: Mis-selling
South Korea Market Review, January 2020: high-risk products return slowly
Asia Pacific | Market Reviews
12 Mar 2020 by Lachezara Tsenova
Some 1,259 products were issued in the retail segment in January, a 19% decrease compared to December.
Misselling: FSC set to lower penalties on Woori, Hana
International | Regulations & Legal
17 Feb 2020 by SRP News
SK watchdog fine-tunes new rules for ‘high-risk’ investment products
Asia Pacific | Regulations & Legal
12 Dec 2019 by Pablo Conde
The Financial Services Commission (FSC) has released new guidelines to strengthen investor protection with high-risk investment products.
Strategic indices in scope as new ELS/DLS guidelines take effect
Asia Pacific | Industry
05 Dec 2019 by SRP News
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.
South Korea Market Review, October 2019: market stabilisation in progress
Asia Pacific | Market Reviews
29 Nov 2019 by Lachezara Tsenova
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.
South Korea Market Review, September 2019: confidence rattled by mis-selling scandal
Asia Pacific | Market Reviews
19 Nov 2019 by Lachezara Tsenova & Marc Wolterink
Issuance in South Korea decreased by seven percent in September, compared to the previous month, with 1,098 products launched in the retail segment.
11 years on, Lehman’s fall still casts a shadow in the market
Europe | Regulations & Legal
14 Nov 2019 by Pablo Conde
Spain’s Bankinter ordered to compensate investors for disclosure shortcoming in products backed by Lehman Brothers.
US regulator charges hedge fund using ‘almost exclusively’ structured notes
North America | Regulations & Legal
07 Nov 2019 by SRP News
The Securities and Exchange Commission (SEC) has charged with fraud a hedge fund adviser and top executives at the firm.
DLS are fraudulent, says Korean democratic party
Asia Pacific | Regulations & Legal
22 Oct 2019 by Jihye Hwang
A South Korean lawmaker has called derivative-linked securities (DLS) ‘fraudulent,’ while urging the regulator to set out improved guidelines to regulate sales as well as the manufacturing of risky products sold to retail investors.