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Partner

Young Jung KIM

Banking & Financial Holding Companies

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Young Jung Kim is a specialist in financial regulations. He advises on various legal and financial regulatory issues that banks (including internet banks), bank holding companies, foreign bank branches, non-bank financial companies (saving banks, credit-specialized financial companies, mutual financial associations), and their major shareholders face in Korea and other jurisdictions that have adopted the Basel III Accord.

Yong Jung Kim began his career in 2005 and has handled numerous matters relating to financial supervisions, inspections and sanctions of financial companies at the Financial Supervisory Service for fifteen years. He also advised private sector clients on financial regulations and corporate restructuring when he worked at a major Korean law firm and accounting firm.

Mr. Kim has worked in all major departments of the banking sector of the Financial Supervisory Service and has played a leading role in major bank-related cases. Based on his experience, he provides in-depth advice on matters relating to banking and non-banking sectors. Specifically, he carried out tasks in various fields including, inspections and sanctions by the Financial Supervisory Service, establishment of bank or bank holding company, acquisition and disposition of equity in a bank or bank holding company, internal control system, financial accident prevention, incidental business (such as platform business operation), concurrent business (fund sales, trust business, etc.), designation of innovative financial services, business outsourcing, loans and deposits, terms and conditions review, financial consumer protection, real name verification of financial, personal (credit) information protection, overseas expansion (investment), investment and management of affiliates, Basel III regulations such as issuance of capital securities, soundness supervision such as management status evaluation, bank accounting, disclosure, credit offering supervision, corporate restructuring, and external audit.

With his extensive understanding and specific experience in the financial industry, he provides advice that is practical to clients. In particular, he strives to provide a comprehensive and workable solution that considers financial practice, financial supervision, and management strategy in a timely manner.
Education
2020 University of Seoul Law School - J.D.
2006 Korea University - B.A. in Business Administration
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Work Experience
2024-Present Lee & Ko
2021-2024 Kim & Chang
2007-2021 Financial Supervisory Service
- 2020-2021 Bank Supervision (Strategic Supervision, Planning and Management)
- 2015-2016 Secretary Office
- 2014 Bank Department of Financial Services Commission
- 2012-2013 Bank Supervision (Strategic Supervision, Planning and Management)
- 2011 Bank Examination Department 1
- 2009-2010 Press Office
- 2007-2008 Financial Market Stabilization Department
2005 KPMG Samjong Accounting Corp.
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Admissions
2020 Admitted to bar, Korea
2004 Member of Korean C.P.A.
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Languages
Korean and English
Awards and Recognitions
2012 Commendation from the Chairman of Financial Services Commission
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