Korean Government Passes Netting Law

The Korean National Assembly has passed provisions spelling out netting in financial contracts that is expected to give greater certainty to market participants entering derivatives.

  • 11 Mar 2005
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The Korean National Assembly has passed provisions spelling out netting in financial contracts that is expected to give greater certainty to market participants entering derivatives. The act, called the Law Concerning Debt Rehabilitation and Bankruptcy, consolidates existing bankruptcy laws and for the first time addresses netting, according to Joon Park, partner at law firm Kim and Chang, which worked closely with the government on the provisions.

Derivatives houses can now rely on specific provisions rather than legal opinions and Park thinks could lead to foreign houses increasing their risk limits to Korea. The bankruptcy law is expected to be promulgated in the next few weeks and will go into effect a year later.

  • 11 Mar 2005

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 24 Jul 2017
1 Citi 253,106.92 930 8.89%
2 JPMorgan 230,914.50 1036 8.11%
3 Bank of America Merrill Lynch 221,389.46 762 7.78%
4 Goldman Sachs 171,499.26 554 6.03%
5 Barclays 169,046.60 646 5.94%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 27,039.93 106 7.36%
2 Deutsche Bank 25,125.19 81 6.84%
3 Bank of America Merrill Lynch 23,128.33 61 6.29%
4 BNP Paribas 19,315.94 110 5.26%
5 Credit Agricole CIB 18,706.93 106 5.09%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 13,488.13 59 8.47%
2 Citi 11,496.21 73 7.22%
3 UBS 11,302.86 45 7.09%
4 Morgan Stanley 10,864.95 59 6.82%
5 Goldman Sachs 10,434.21 54 6.55%