Non-Bank Financial Companies

“I’ve worked closely with them on several matters and found them to be consistently reliable and professional. Very helpful and patient when dealing with difficult clients and issues. Always a pleasure to work with them.”

- The Legal 500 Asia Pacific

Overview Key Services Practices Representative Cases Key Contacts Related Content

Overview

BKL’s Finance Group (the “Group”) provides optimal solutions to its clients based on in-depth understanding of the laws and regulations governing non-bank financial institutions such as credit card businesses, installment finance businesses, savings banks and consumer lending businesses. In addition, the Group provides legal advisory services to its clients in connection with various legal issues involving labor, tax, criminal and anti-trust risks in a timely and effective manner.

One-Stop Services Utilizing a Large Pool of Manpower

The Group consisting of both attorneys with extensive experience in the businesses and governance structures of non-bank financial institutions and specialists from local regulators such as the Financial Services Commission and the Financial Supervisory Service, provides one-stop coverage of all legal issues related to non-bank financial institutions through close collaboration among such attorneys and specialists.

Tailored Services Utilizing a Wide Breadth of Experience

The Group offers optimal legal services in a way to help its clients to find reasonable solutions, based on a wealth of experience and know-how which it has built up in the course of providing a broad spectrum of advisory services on the issues involving non-bank financial institutions. The Group has been highly commended by global prestigious legal publications such as Chambers and IFLR, and its outstanding work has won numerous awards from mainstream legal media such as Asian Legal Business, the American Lawyer and the Asian-Mena Counsel.

Key Services

Structuring of credit transactions and deal documentation

Advise on structuring of new transactions

Draft and negotiate deal documentation

Advise on government approval and reporting requirements (such as foreign exchange reports)

Establishment of non-bank financial institutions and M&A

Advise on the establishment of financial services companies such as credit finance businesses specializing in loan services and trust businesses, and on mergers and acquisitions of financial institutions

Advise on, and process applications for, regulatory approvals, permits and reports, including those related to limitation on share ownership, merger and acquisitions and business transfers

Conduct due diligence and advise on implications in areas related to non-bank financial institutions such as fair trade and tax

Audits and investigations by supervisory authorities

Provide guidance on preparations

Advise on defense strategies

Litigation and dispute resolution

Represent financial institutions in litigation, mediation and arbitration proceedings resulting from regulatory audits and investigations or in relation to product and service offerings or mergers and acquisitions

Practice Areas

Representative Cases

Advised on the financing of JKL Partners’ acquisition of Lotte Insurance

Advised on regulatory approvals for inclusion of Asia Trust as a subsidiary of Shinhan Financial Group, a financial holding company

Advised a savings bank on its responses to regulatory sanctions and criminal proceedings for violations of the Financial Investment Services and Capital Market Act

Structuring of credit transactions and deal x-documentation

Advised on the financing of Macquarie Korea Opportunities Management’s acquisition of shares in LG CNS

Advised on the financing of SKC’s acquisition of KCF Technologies

Advised on the financing of JKL Partners’ acquisition of Lotte Insurance

Advised on DS Hannam’s financing of the NineOne Hannam luxury residential complex development project in Seoul

Advised on Shinhan REITs Management’s financing of the Pangyo Alphadom City 6-4 mixed use development project

Advised on Korea Southern Power’s financing of and investment into the Yeongnam LNG combined cycle power plant

Advised specialized credit finance companies such as KDB Capital and Moorim Capital on loans to domestic and foreign companies

Establishment of non-bank financial institutions and M&A

Advised on regulatory approvals for inclusion of Asia Trust as a subsidiary of Shinhan Financial Group, a financial holding company

Advised on regulatory approvals for LF in connection with change to major shareholder of KORAMCO REITs & Trusts

Advised on regulatory approvals for the stock acquisition of Hyundai Savings Bank by Eugene Group

Audits and investigations by supervisory authorities

Advised a savings bank on its responses to regulatory sanctions and criminal proceedings for violations of the Financial Investment Services and Capital Market Act

Advised an ATM installation and maintenance service provider on its responses to the Financial Supervisory Service’s sanctions in relation to the leakage of personal credit information from the hacking of an ATM

Litigation and dispute resolution

Represented a savings bank in a dispute related to single-party loan limits

Represented a savings bank in a lawsuit related to its subordinated bonds

Represented the Financial Services Commission or financial institutions in cases involving designation of insolvent financial institutions and cancellations of capital increase orders

Key Contacts

Our Team

Non-Bank Financial Companies

Overview

Key Services

Practice Areas

Representative Cases

Key Contacts

Related Content

Practice Areas

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