Tag: FSS
Korea’s regulator slams banks over HSCEI-linked ELS misselling
Asia Pacific | Regulations & Legal
01 Dec 2023 by Jocelyn Yang
The head of the Korean financial watchdog has questioned whether the principle of suitability was properly observed by banks, considering that a large amount of ELS products was sold mostly to senior citizens at a particular period of time.
SRP in brief: reach for the stars
International | Industry
25 Sep 2023 by Amélie Labbe
It’s full steam ahead for the structured product market as September kicks off with dynamic activity across most markets.
FSS: HSCEI-linked ELS approaching loss territory
Asia Pacific | Regulations & Legal
20 Sep 2023 by Jocelyn Yang
The volatility of HSCEI has been increasing due to ‘the slowdown in the Chinese real estate market and deepening uncertainty in the Chinese economy’.
Latest: Numerix buys PolyPaths to expand into fixed income
International | Industry
03 Aug 2023 by Jocelyn Yang & Summer Wang
Also, Whitehorse Liquidity Partners raises US$5.3 billion; CME revenues rise in Q2; India regulator clarifies proposal on retail participation in equity derivatives.
SRP in brief: push and pull
International | Industry
16 Jan 2023 by Amélie Labbe
We start the week with a look at activity in key Apac markets, and a new year push on ESG from a number of big European banks.
Korea Supreme Court revokes DLF sanctions on Woori Bank chair
Asia Pacific | Regulations & Legal
15 Dec 2022 by Summer Wang
Woori Financial Group chairman & CEO Son Tae-seung today has been acquitted of all charges in relation to the DLF mis-selling incident in 2019.
Korea regulator vows to close Heritage DLF inspection by year-end, DLS activity halves
Asia Pacific | Regulations & Legal
11 Oct 2022 by Summer Wang
The Financial Supervisory Service (FSS) plans to conclude the redress to investors involved in the Germany Heritage derivative-linked securities (DLS) case in 2019.
SRP in brief: turning down
International | Industry
21 Mar 2022 by Amélie Labbe
Some clouds have appeared on the structured product horizon.
Court upholds Hana Bank’s DLF penalty over mis-selling
Asia Pacific | Regulations & Legal
14 Mar 2022 by Summer Wang
The investment banking subsidiary of the group was the most active issuer of South Korea’s derivative-linked bonds (DLBs) in 2021.