Our financial services practice group offers a full range of transactional, regulatory, and litigation services to domestic and foreign financial institutions, including banks, securities companies, insurance companies and asset management firms (including hedge funds and private equity funds). BKL’s financial services group is comprised of more than 15 domestic and foreign attorneys and professionals, including former senior officers and advisors of various government agencies such as the Financial Services Commission, Financial Supervisory Service, the Ministry of Strategy and Finance, the Ministry of Government Legislation, the Blue House, and the Offices of the National Assembly.
Our legislative practice includes monitoring and providing advice and in-depth analysis of proposed legislation and regulatory changes affecting the finance sector. We advise clients of pending legislative and regulatory developments, as well as proposed policy initiatives, and assist clients in planning their business strategies to achieve “key” objectives. We regularly appear before the government agencies in obtaining regulatory rulings, interpretations and licenses, and in the context of investigations and enforcement actions. We maintain cooperative working relationships with these government agencies and regularly provide them with advice on legal interpretations of the current, proposed and pending legislation. The firm is privileged to draw on its strong professional standing with the government offices and agencies in the representation of our clients.
Compliance is a significant part of our practice. We focus on providing practical, pro active advice not only in connection with routine, day-to-day compliance issues related to Korean financial laws and regulations, but also in connection with devising strategies for implementing responses to new regulatory initiatives and on- and off-site examinations. The exceptional advisory work of our attorneys and professionals is enhanced by their deep understanding of the decision-making processes of the various government agencies and offices.