The fintech and financial regulation group at Bae, Kim & Lee LLC pulls together a strong offering with key pillars of the practice including compliance and regulatory work, advice related to the obtaining of business licenses and enforcement, and defence work relating to issues such as regulatory audits and inspections. The firm’s fintech offering has notable expertise in, stablecoins, financial data security and electronic payment gateways. Leadership of the team is split between blockchain and crypto-asset expert Jong Baek Park and financial and economic regulations specialist Young Mo Kim. Dispute resolution involving emerging technologies is a key focus for Juho Yoon, while Jae In Lee is equipped to assist with M&A transactions involving financial institutions and fintechs.

Kim & Chang is praised for combining ‘reliable services on the financial regulatory front’, with a fintech team housing ‘more lawyers and other professionals with science or engineering backgrounds than any other law firm’s team’. Bumkyu Sung is a key contact for internal investigations of financial institutions conducting business in Korea. Foreign attorney Ik Hwan Cho and Oh Hyun Kwon are both equipped to advise on securities regulation, while fintech specialist Joon Young Kim is well versed in legal issues relating to blockchain and cloud computing. IT compliance specialist Jung Min Lee is also recommended. Kye Sung Chung and Sang Hwan Lee  jointly lead the practice.

Lee & Ko’s financial regulatory team operates inside of the firm’s sizeable finance group and is peopled by an ‘excellent pool of talent’ with extensive experience of dealing with the Financial Supervisory Service, the Financial Services Commission and other regulatory bodies. The fintech side of the practice assists financial institutions, IT companies and e-commerce companies with the provision of fintech services and a wide array of  regulatory issues. Jongsoo (Jay) Yoon and Kwang Bae Park  co-lead the fintech group, while Seung Hoon Choi and Hyun Goo Kang are in charge of the financial services regulatory group. Financial regulatory expert Hyeong Min Yoo is well positioned to assist clients during investigation and sanctions proceedings. Jung-Myung (Chloe) Lee is geared to advise on NFT mandates, while Seong Hwan Ju centres his practice on regulatory compliance.

Praised for being ‘up-to-date on the latest developments in fintech and financial regulations’ and for its ‘deep knowledge’ of blockchain and NFTs, Yulchon advises on fintech issues such as electronic finance, payments and data protection. Traditional financial regulatory work, including general banking and capital markets advisory work is further area of strength. Doil Son and Young Su Shin jointly lead the team, with the former well versed in fintech regulation in Korea and the latter possessing in-depth knowledge of finance ranging from structured finance to insurance-linked securities. Sun Hee Kim is embedded in data and technology.