The Financial Dispute Mediation Committee has decided to pay Hana Bank 80% and 75% in compensation to two investors, respectively, in relation to the Italian Healthcare Fund, which has suffered a massive redemption suspension.
The subcommittee raised the basic compensation ratio to 40% for one investor following it was found that Hana Bank violated the prohibition of unfair solicitation under the Capital Market Act. I explained that it was set at 80%.
For one other investor, unreasonable solicitation was not recognized, but similarly, in acknowledgment of neglect of investor protection and explanation, the compensation ratio was decided at 75%.
The subcommittee explained that it plans to make autonomous adjustments for the remaining investment victims in accordance with this compensation standard.
In response, the Italian Healthcare Victims’ Solidarity side said that they might not accept this decision, saying that Hana Bank should receive 100% compensation as it was clearly wrong.
This decision of the sub-team committee must be accepted within 20 days of receiving the mediation proposal by Hana Bank and the victimized party for mediation to take effect and to have the same effect as a mediation in court.
The Italian Healthcare Fund is a product invested in medical expenses receivables billed by Italian medical institutions to local governments. From 2017 to 2019, Hana Bank sold 150 billion won to 400 investors.
However, from the end of 2019, the sale was stopped due to delay in repayment or failure to repay early, and it is said that the amount of damage identified so far exceeds 110 billion won.
[사진 출처 : 연합뉴스]
