JIPYONG LLC

Ms. Hee Jung Shim is a Partner in the Finance Group and heads the Financial Regulation Group. She advises clients on financial regulations, M&As and overseas expansion of financial institutions, financial disputes, general corporate matters and compliance management.

Since 1998, Ms. Shim has advised on diverse financial transactions for prominent Korean and foreign financial institutions, involving the establishment and merger of financial holding companies, securities firms and asset management companies. Ms. Shim is also a renowned expert in financial regulatory matters and response to investigations by financial supervisory authorities.

From 2007 to 2012, Ms. Shim was General Counsel at Standard Chartered Bank Korea where she advised on a wide range of legal issues pertaining to the business of financial institutions such as the development of new business lines, establishment of financial holding companies, development of new financial products and disputes involving the sales of investment products. She also took a leading role in the mass financial litigations on fund and KIKO sales. She possesses first-hand, in-depth and extensive consultative experience as a compliance officer on internal controls and compliance management of financial institutions.

Ms. Shim has laid the foundation for innovation of internal control systems of financial companies while serving as an advisor for the Banking Sub-Committee of the Financial Supervision Advisory Committee of the Financial Supervisory Service from 2016 until 2018 and a member of the Task Force Committee for Internal Control Innovation of Financial Institutions of the Financial Supervisory Service from 2018.

Ms. Shim has published several dissertations, including such titles as the ‘Status and Duties of a Seller in Terms of Securities Investment Trusts’ and ‘Review of KIKO Decisions’.

Ms. Shim holds an LL.B. from Seoul National University and LL.M. from Columbia Law School.

She is a member of the Korean and New York Bars.