South Korean financial authorities are continuing to delay finalizing penalties related to the mis-selling of Hong Kong’s Hang Seng China Enterprises Index (HSCEI)-linked ELS products. The sanctions, stemming from incomplete sales practices, were initially expected to be confirmed this month but will be postponed further. While the exact reason for the delay remains undisclosed, it affects multiple banks involved in the sales of these complex financial instruments. Notably, however, sanctions against Lotte Card concerning the ELS matter have now been fully resolved. This ongoing delay impacts investors who suffered losses due to the mis-selling practices, as a final decision on compensation and penalties is still pending. Regulators are under pressure to provide clarity and ensure accountability.