Young Jung KIM
(金盈廷)
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.
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