Securities

“They always provided legal expertise within limited timelines. Communication skills with agent/borrower’s counterparties is also fantastic."

- IFLR1000

Overview Key Services Practices Representative Cases Key Contacts Related Content

Overview

BKL’s Finance Group (the “Group”) offers tailored advisory services in various financial transactions including, among other things, public offerings led by financial investment companies, capital increase with consideration, acquisition financings, structured financings, project financings and M&As. Further, the Group provides tailored solutions through ongoing and proactive legal advice on a wide range of financial regulations such as the design and sale of financial investment products, license and permit for financial investment business, responses to audits by financial regulators and unfair trade practice in capital market.

Expertise Targeted for Financial Investment Companies and Preemptive Solutions

BKL has an extensive track record of advising on various capital market transactions managed or participated by domestic or overseas financial investment companies, foreign or domestic investments, other financial transactions, M&As, the design and sale of financial investment products by financial investment companies, various licenses, permits and registrations, internal compliance and responses to audits by financial regulators, as well as on the entry of foreign securities companies into the Korean market. Such extensive track record of advisory services enabled BKL to better understand various pending issues of domestic and foreign financial investment companies and build up expertise sufficient to respond to such issues in a preemptive manner.

Multifaceted Advisory Services that Combine Knowledge and Experience of a Variety of Experts

In order to meet various legal needs of financial investment companies, the attorneys in the Group have access to the full range of BKL’s firm-wide expertise and closely work with experts in various areas such as tax, accounting, fair trade, labor and FinTech as well as in finance. Further, the Group consists of experts with experience from local regulators such as the Ministry of Strategy and Finance, the Financial Services Commission, the Financial Supervisory Service and the Korea Exchange as well as specialists with prior experience at financial investment companies, who effectively respond to, and provide customized advice and practical solutions to, complex financial regulatory issues.

Key Services

Advise on financial investment company licenses, registrations and reporting and file applications

Advise on the design and sale of financial investment products

Advise on all types of transactions involving or managed by financial investment companies

Advise on internal compliance protocols

Advise on responses to audits and investigations by financial regulators

Advise on the mergers and acquisitions activities of financial investment companies

Advise on disputes, lawsuits and criminal proceedings

Practice Areas

Representative Cases

Advised DGB Financial Group on the acquisition of Hi Investment & Securities

Advised on responses and defenses to potential sanctions in relation to alleged violations of public offering restrictions and misselling of OEM fund products involving asset management companies and banks

Represented fund sellers and asset management companies in litigation proceedings alleging misselling, breach of fiduciary duty of care, and breach of duty to protect investors

Financial investment company licenses and permits, M&A

Advised Kakao and Korea Investment Value Asset Management in relation to regulatory approval of their ownership of Kakao Bank in excess of regulatory limits

Advised Korea Investment Value Management on its acquisition of shares in Kakao Bank

Advised Shinhan Financial Group on regulatory approval of its acquisition of Asia Trust as a subsidiary

Advised LF on regulatory approval of major shareholder change of KORAMCO REITs & Trusts

Advised CGS-CIMB on its acquisition of an investment brokerage license

Advised NH Investment & Securities and Hanwha Asset Management on regulatory approvals of their capital contributions to private equity funds

Advised DGB Financial Group on the acquisition of Hi Investment & Securities

Advised DGB Financial Group on regulatory approval of its acquisition of Hi Investment & Securities and Hi Asset Management as subsidiaries

Advised Macquarie Group on regulatory approval of major shareholder change of Macquarie Investment Trust Management

Advised Meritz Securities on its designation as a comprehensive financial investment business

Advised UOB on its establishment of a Korea office and the acquisition of an investment brokerage license

Responses to audits and investigations by financial regulators

Advised on responses to regulatory sanctions in relation to alleged provision of proprietary information on trading and ownership by foreign securities companies and their employees in back-to-back trading of investment products

Advised on responses to regulatory sanctions in relation to securities resale agreements of domestic securities companies and failure to file derivatives business reports

Responses to disputes

Represented a merchant bank in a loan repayment claim against a university and a trust company in relation to a campus site development project

Represented an insurance company in a damages claim against asset management companies and fund sellers in relation to its investments in their ship funds and real estate funds

Represented an asset management company in a damages claim case brought by an investor of a private real estate fund

Represented an asset management company in a lawsuit against The Republic of Korea for damages in relation to an aircraft fund investment

Represented a securities company in a lawsuit filed by investors in bonds issued by insolvent members of the Tong Yang Business Group

Represented fund sellers and asset management companies in litigation proceedings alleging misselling, breach of fiduciary duty of care, and breach of duty to protect investors

Represented a securities company in a damages claim against an issuer which was later found to have engaged in accounting fraud

Represented a securities company in a claim of market price manipulation through massive stock sale

Represented an investor in a case involving securities law violations by securities firm employees and day traders who used an algorithm trading program to engage in “scalping” in the ELW market

Key Contacts

Our Team

Securities

Overview

Key Services

Practice Areas

Representative Cases

Key Contacts

Related Content

Practice Areas

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