FinTech Legal
FinTech Guide 2024 : South Korea
Band 1
Email address
[email protected]Contact number
+ 82 2 3703 1114About
Provided by Kim & Chang
Kim & Chang’s Fintech & IT Compliance Practice has extensive experience advising the legal and regulatory issues of the finance IT sector, including topics of electronic finance and data protection.
Composed of experts who specialize in IT-related technical and financial regulations, our Practice is well versed in the Electronic Financial Transactions Act, the Personal Information Protection Act, the Credit Information Use and Protection Act, the Act on Promotion of Utilization of Information and Communication Network and other applicable laws and administrative regulations.
Chambers Review
Kim & Chang represents a wide range of companies, from domestic technology unicorns to some of the largest global multinationals operating in FinTech. Its expertise covers digital payments, privacy, cryptocurrency and blockchain mandates.
Work Highlights
- Kim & Chang assisted Kakao Pay Corp, a BigTech securities and electronic finance company, with its IT compliance and information protection measures.
Strengths
Provided by Chambers
"Kim & Chang understands, analyses and proposes alternatives to complex business and legal issues incomparably faster than anywhere else."
"Kim & Chang demonstrated the ability to solve complex and challenging problems, and their understanding of the industry made collaboration easy."
"Kim & Chang's team consists of highly skilled professionals with extensive knowledge and experience in different areas of law. They are well equipped to handle various legal matters and offer comprehensive solutions tailored to our specific needs. Their collective expertise ensures a wide range of perspectives and a solid foundation for addressing our issues effectively."
"Kim & Chang understands, analyses and proposes alternatives to complex business and legal issues incomparably faster than anywhere else."
"Kim & Chang demonstrated the ability to solve complex and challenging problems, and their understanding of the industry made collaboration easy."
"Kim & Chang's team consists of highly skilled professionals with extensive knowledge and experience in different areas of law. They are well equipped to handle various legal matters and offer comprehensive solutions tailored to our specific needs. Their collective expertise ensures a wide range of perspectives and a solid foundation for addressing our issues effectively."
Notable Practitioners
Jung Min Lee is a senior attorney in Kim & Chang's FinTech practice. He advises prominent FinTech unicorns including payments providers in regulatory licensing and IT compliance issues.
"Mr Lee is an overwhelmingly competent attorney in the field of FinTech and financial regulation, and in addition to his own expertise, he seems to manage a great team of colleagues."
Gye-Jeong Kim has a regulatory focused practice, particularly for virtual asset exchanges. She is well regarded by her clients for her work in regulatory and product structuring advice for securities providers and international technology companies setting up in South Korea.
"Ms Kim is highly specialised in the field of FinTech and financial regulation, and can be of great assistance in regulatory matters, especially as they relate to the technology sector."
"She is very sophisticated and has the ability to solve issues responsibly. Particularly in the blockchain and virtual asset industries, her expertise is very good."
Joon Young Kim is a senior attorney in Kim & Chang's FinTech and IT compliance team. He regularly advises businesses across cryptocurrency, digital assets and blockchain-based technologies on their operations and compliance.
"Joon Young Kim displayed extensive knowledge and expertise in his field. His level of sophistication in handling complex legal matters was truly impressive, and his ability to provide valuable insights and strategic guidance demonstrated his strong commercial awareness."
"I think he is an excellent commercial lawyer. He has not only legal understanding but also excellent business sense, so he always identifies legal issues and suggests business solutions. Also, he is a very good leader."
Ranked Individuals at
Kim & Chang
South Korea