Scheduled Financial Supervisory Service Disciplinary Hearing on the 15th... Attention on Disciplinary Severity

Hana Bank "Accepts Lime Fund Dispute Resolution Plan... Proceeding with Swift Compensation Process" View original image


[Asia Economy Reporter Kiho Sung] Hana Bank has decided to accept the Financial Supervisory Service's Financial Dispute Mediation Committee (FDS Mediation Committee) settlement proposal regarding Lime fund cases for funds whose losses have not been confirmed.


On the 15th, Hana Bank announced that it would fully accept the compensation ratio for Lime domestic funds recommended by the FDS Mediation Committee.


On the 13th, the FDS held a mediation committee meeting and reviewed cases of incomplete sales of funds sold by Hana Bank (Lime NEW Pluto Fund). It ruled that Hana Bank sold a high-risk product fund (grade 2) to a general investor Mr. A without analyzing the investor's investment propensity through non-face-to-face channels, deciding on a 65% compensation. According to the compensation standards announced this time, the FDS plans to promptly facilitate voluntary adjustments with compensation ratios ranging from 40% to 80%. The compensation ratio for corporate clients is between 30% and 80%.


Regarding this, Hana Bank stated, "If the customer involved in the 'Lime NEW Pluto Fund' damage case submitted to the mediation committee agrees to the committee's compensation ratio, the compensation will be paid immediately."



It also added, "We will quickly establish a 'Private Fund Compensation Committee' to comprehensively consider the mediation committee's compensation standards and investor circumstances, and proceed with a swift and proactive compensation process to ensure fair and reasonable compensation to the best of our ability."


This content was produced with the assistance of AI translation services.

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