Jipyong's Financial Regulation Team provides comprehensive legal services in compliance matters related to finance and securities. We advise on the establishment and licensing of financial institutions, regulations and rules relevant to financial institutions, development of new financial products, investigations by and reporting to relevant financial authorities, while at the same time representing clients in a full range of matters including M&A transactions, litigations, disputes and criminal cases. Through our constant interaction with the major financial authorities such as Financial Services Commission, Financial Supervisory service, Ministry of Economy and Finance, Bank of Korea, Korea Exchange and Korea Financial Investment Association, and Korea Securities Depository, we offer informed and substantial solutions to our clients.
Key Practice Areas Close
- Interpretation of relevant laws and communications with financial supervisory authorities
- Setting up of a financial company domestically or overseas and acquiring necessary governmental approvals
- Overseas expansion of financial institutions
- Response to unfair trade activities and corporate public disclosure
- Development of new financial products
- Forming responses to investigations
- Representation in litigation matters
Experience Close
- Advised DGB Capital on acquisition matters such as legal due diligence, preparation and execution of agreements, administrative procedures related to a Cambodian microfinance institution (MFI)
- Advised KB Financial Group on its expansion of digital banking in Cambodia
- Advised KBSC, a Cambodian subsidiary of BNK Capital, on acquisition of MFI license from the National Bank of Cambodia
- Advised on businesses of major financial institutions, including financial holding companies (Woori Financial Group, Shinhan Financial Group, Korea Investment Holdings, etc.), foreign banks (HSBC, Citibank Korea, SC Bank, etc.), Korean banks (Korea Exchange Bank, Woori Bank, Shinhan Bank, IBK, etc.), securities firms (KDB Daewoo Securities, Mirae Asset Securities, Golden Bridge Investment & Securities, Korea Investment & Securities, Woori Investment & Securities, Hana Daetoo Securities, IBK Securities, etc.), asset managers (Shinhan BNP Paribas ITMC, Golden Bridge Asset Management, etc.), specialized credit financial business companies (Samsung Card, Hana SK Card, Hana Capital, BS Capital, etc.) and major venture capital companies (KTB Network, etc.)
- Advised overseas financial institutions including HSBC, CSFB, ING Barings, UBS Warburg, Lehman Brothers, Morgan Stanley, Merrill Lynch, etc. on their OTC transactions for financial derivatives and operations in Korea
- Advised Korean banks, including Woori Bank, Shinhan Bank, IBK, etc. on establishing their presences, such as representative offices, branch offices, etc., and on acquiring local financial institutions in Southeastern Asian countries, such as Myanmar, Cambodia, Indonesia, etc.
- Advised BS Capital, Hana Capital, etc. on establishing their presences, such as representative office, branch office, etc., and local joint ventures in Southeastern Asian countries, such as Myanmar, Cambodia, Laos, Indonesia, etc.
- Advised Shinhan Bank Vietnam, Hanoi and Ho Chi Minh Branches of Woori Bank, Ho Chi Minh Branches of Kookmin Bank and IBK, Kookmin Bank Cambodia and Shinhan Khmer Bank
- Advised major listed companies and venture companies on Capital Market laws
- Served as the legal advisor to Korea Financial Investment Association, Korea Exchange, Korea Securities Depository and National Pension Service
- Currently serving as the legal advisor to Financial Supervisory Service
