Bumkyu Sung > Kim & Chang > Seoul, South Korea > Lawyer Profile
Kim & Chang Offices
39 SAJIK-RO 8-GIL
JONGNO-GU
SEOUL 03170
South Korea
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Bumkyu Sung
Work Department
Financial Regulation & Compliance; Securities; Fintech & IT Compliance; AML Compliance; Anti-Corruption & Corporate Compliance; Banking; Hong Kong; Metaverse, Blockchain & Digital Assets
Career
Bumkyu Sung started practicing law as an attorney in 1999 and joined Kim & Chang in 2008. His practice focuses on compliance, audit and internal control of financial companies including banking, securities and finance-technology (Fintech) companies.
His primary area of expertise includes AML, anti-bribery (FCPA) and internal investigation of domestic and global financial institutions that conduct business in Korea in accordance with relevant regulations. Mr. Sung also manages regulator issues of the global financial companies for business license, outsourcing, electronic finance, FX, cross-border business, etc.
Before joining Kim & Chang, Mr. Sung served as senior in-house counsel of Citibank Korea Inc., where he advised on various issues including corporate banking, private banking and asset management. He also served as head of the compliance department at Citigroup Global Markets Korea Securities Inc., managing internal control standards and the company’s relationship with government.
Mr. Sung received an LL.M. in Corporate Law from New York University School of Law in 2003, an LL.M. in Taxation from Seoul National University Graduate School of Law in 1999, and an LL.B. from Seoul National University College of Law in 1994. He graduated the Judicial Research and Training Institute of the Supreme Court of Korea in 1996. Mr. Sung is admitted to the New York bar and the Korean bar.
Languages
Korean and English
Memberships
Admitted to bar, Korea, 1996; New York, 2003
Education
Graduate School of Finance and Macroeconomic Policy, KDI School of Public Policy and Management (Completed Master’s Coursework, 2016)
New York University School of Law (LL.M., Corporate Law, 2003)
Graduate School of Law, Seoul National University (LL.M., Taxation, 1999)
Judicial Research and Training Institute of the Supreme Court of Korea (1996)
College of Law, Seoul National University (LL.B., 1994)
Lawyer Rankings
South Korea > Fintech and financial services regulatory: local firms
Kim & Chang is praised for combining ‘reliable services on the financial regulatory front’, with a fintech team housing ‘more lawyers and other professionals with science or engineering backgrounds than any other law firm’s team’. Bumkyu Sung is a key contact for internal investigations of financial institutions conducting business in Korea. Foreign attorney Ik Hwan Cho and Oh Hyun Kwon are both equipped to advise on securities regulation, while fintech specialist Joon Young Kim is well versed in legal issues relating to blockchain and cloud computing. IT compliance specialist Jung Min Lee is also recommended. Kye Sung Chung and Sang Hwan Lee jointly lead the practice.
Lawyer Rankings
Top Tier Firm Rankings
- Antitrust and competition: local firms
- Banking and finance: local firms
- Capital markets: local firms
- Corporate and M&A: local firms
- Dispute resolution: local firms
- Fintech and financial services regulatory: local firms
- Insurance: local firms
- Intellectual property: local firms
- International arbitration
- Labour and employment: local firms
- Projects and energy: local firms
- Real estate: local firms
- Regulatory: compliance and investigations: local firms
- Shipping: local firms
- Tax: local firms
- TMT: local firms