Hana Bank Accepts Lime Fund Dispute Mediation Plan 65% compensation for incomplete sales

photo = news 1

Hana Bank accepted the financial dispute mediation committee of the Financial Supervisory Service (FSS)’s mediation plan for funds whose losses have not been confirmed in relation to the Lime Fund crisis.

Hana Bank announced on the 15th that it had decided to fully accept the compensation ratio for domestic Lime funds recommended by the Financial Supervisory Service sub-team.

The Financial Supervisory Service held a subgroup meeting on the 13th and reviewed cases of incomplete sales of funds sold by Hana Bank (Lime NEW Pluto Fund). It was decided to pay 65% ​​compensation for selling non-face-to-face.

Hana Bank said, “If the customer agrees to the compensation ratio of the ‘Lime NEW Pluto Fund’ in the case of the ‘Lime NEW Pluto Fund’ submitted to the subgroup committee, we plan to pay compensation immediately.” “We plan to do our best to ensure fair and reasonable compensation by promptly establishing the ‘Private Equity Fund Compensation Committee’ and proceeding with prompt and active compensation procedures, comprehensively considering the compensation standards of the sub-team committee and the situation of investors.”

The outstanding balance of the Lime Asset Management-related fund sold by Hana Bank is 32.8 billion won (167 accounts), and a total of 24 cases of dispute mediation have been filed. The Financial Supervisory Service plans to make voluntary adjustments as soon as possible with a compensation ratio of 40 to 80 percent in accordance with the compensation standards released this time. The compensation rate for corporate customers is 30-80%.

The Financial Supervisory Service (FSS) held a sanctions review committee against Hana Bank on the same day to ask for responsibility for the suspension of the repurchase of private equity funds, and decided on the level of disciplinary action.

[ⓒ 세계일보 & Segye.com, 무단전재 및 재배포 금지]


Source: 경제 by www.segye.com.

*The article has been translated based on the content of 경제 by www.segye.com. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!