[Fintech]

Yoon & Yang established Digital Finance Center in 2024 to focus on digital finance and virtual assets. The firm’s Digital Finance Center consists of former in-house lawyers from fintech companies and former FSS and FSC lawyers, who have extensive experience in financial regulations in Korea, and experienced lawyers with expertise in data protection and other data protection experts. Through collaboration with the firm’s other practice areas, Yoon & Yang provides comprehensive legal services with respect to financial regulations, capital markets (M&A, IPO), IP, competition/antitrust and new technology, such as blockchain, cryptocurrency, NFTs, metaverse and AI.

Experts have industry-oriented understanding of the overall financial industry and new technologies. Rather than an ad hoc and siloed review of regulations, the Center invests the time necessary to truly understand the client’s overall business and build long-standing relationships to present practical solutions personalized to unique needs.

[Financial services regulatory]

Yoon & Yang’s Banking & Finance Practice Group consists of attorneys who specialize in banking, financial regulations, financial industries, and capital markets, along with other professionals and experts who formerly served as high-ranking officials at financial regulatory authorities. The Group is renowned for its financial regulatory services expertise.

Equipped with seasoned attorneys and experts, including former members of the Financial Supervisory Services (FSS) and the newly recruited former Chairman of the Financial Services Commission (FSC), the Group possesses an in-depth understanding of the regulatory landscape. By leveraging their extensive experience with Korean financial authorities such as the FSS, FSC, and Korea Exchange (KRX), the Group has established a robust advisory system focused on preventive measures.

Key team members include Managing Partner Myung Soo Lee, the former chief in-house counsel of the FSS, along with attorneys Hyun Suk Jung, Ju Yong Lee, Ok Pyeong Je, Seung Jae Yeon, Hwan Jun Heo, Jong Youl Choi, Chang Hun Han, Young Hyun Kim, Jong Hyuk Choi, and Min Seok Joo, all of whom bring valuable experience from their previous roles at the FSS or FSC.

Additionally, the Group is strengthened by experts such as JongKu Choi, the former Chairman of the FSC who recently joined the Group; Yong Tae Kim, the former Head of Digital Finance Innovation Bureau of the FSS; Gook-Hwan Cho, the former Director-General of Financial Investment Supervision Department of the FSS; Sae Chun Park, the former Senior Administrative Officer of the Blue House; Sung Tae Kim, the former Managing Director of KOSDAQ Market Headquarters of KRX, to name a few.

The Group has devised and handled leading cases and possesses unrivalled know-how in financial regulations with professional knowledge obtained in various financial regulatory advisory areas and experience working for financial supervisory authorities. With extensive experience and in-depth expertise, our team offer effective and prompt solutions to both general regulatory matters and increasingly complex matters.

Markets are getting sophisticated with increase regulations on short selling and a heavy regulatory environment. To adapt to this change, Yoon & Yang has adapted by leveraging its regulatory expertise and hiring experts with experience at financial supervisory bodies and foreign banks. Yoon & Yang has a proven track record of representing a diverse range of clients, including financial institutions, financial companies, and non-financial organizations, in all matters related to headline regulatory investigations and examinations by the FSS and FSC over the past years. This success is underpinned by the firm’s extensive experience and deep expertise.

As financial products and technologies become increasingly complex and sophisticated, regulatory authorities have tightened regulations. In response, major banks and major securities firms consistently select Yoon & Yang, along with other competitor law firms, as their legal counsel to navigate financial regulatory inspections and procedures. Yoon & Yang has achieved unparalleled success in defending clients during such enforcement proceedings, investigations, and examinations initiated by regulatory authorities.

Yoon & Yang’s Banking & Finance Practice Group remains at the forefront of financial regulatory services, continually delivering outstanding results and upholding the highest standards of legal excellence.