Yulchon is home to financial regulation and technology experts, with experience advising supervisory organisations, fintech companies, and financial companies. The practice is well-equipped to address key areas in the market, including traditional financial regulations, regulatory issues relating to ICT, fintech-related investments, and cryptocurrencies. Practice head Doil Son is a name of note in data protection, cybersecurity, blockchain and cryptocurrencies, while co-head Young Su Shin is called upon by financial institutions to advise on trust, approvals, and permits. With a background in the Financial Services Commission, Si Mok Kim lends his expertise on regulations, authorisation and approval, and fintech-related matters, and Tae Yeun Kim focuses on financial regulatory and operational issues, including inspection and sanctions of financial institutions.
Legal 500 Editorial commentary
Accolades
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- 'Yulchon's AML team did a great job for us. They have exceptional knowledge, skills and passions.'
Key clients
- BC Card
- Woowa Brothers
- Woori Bank and Woori Financial Group
- Standard Chartered Bank Korea
- Samsung Securities Co., Ltd.
- Hana Bank
- Mirae Asset Securities
- NH Investment & Securities
- DB Financial Investment
- JoJo Tiger
- Samsung Fire & Marine Insurance Co., Ltd.
- MyBrown Co., Ltd.
Work highlights
Advised Woowa Brothers Corp., operator of South Korea’s leading food delivery platform, on regulatory compliance for new services, including in-app payment options and strengthened payment security features.
Assisted Woori Bank and Woori Finance Holdings with conducting a comprehensive review of the bylaws and interviewed key personnel to prepare detailed and systematic responsibilities maps that fully comply with the applicable legal framework.
Assisted Samsung Securities with conducting a comprehensive review of internal control systems and operational protocols, and assessed its overall AML framework to identify six key areas requiring improvement.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Doil Son; Young Su Shin
Other key lawyers
Si Mok Kim; Tae Yeun Kim