Lee & Ko provides one-stop services regarding corporate governance, business and investment, regulatory compliance, and financial disputes related to non-banking financial companies, based on its extensive experience in handling various matters and its pool of professionals with expertise in the field of non-bank financial companies.

Specifically, we provide legal advice to credit card companies, capital companies, savings banks, mutual finance associations, consumer lending companies, and their major shareholders on the incorporation of non-banking financial companies as subsidiaries of financial holding companies and conversion into other financial holding companies, establishment or acquisition of non-banking financial companies, issues related to financial-related laws and individual industry-specific laws, provision of financial products and services, introduction of accountability frameworks and improvement of internal control systems, various inspections and sanctions by supervisory authorities, and disputes and litigation involving financial consumers or investments.

Recently, we advised on internal control improvement, one of the major issues in the financial industry, including conducting internal control diagnosis and improvement projects (for savings banks and capital companies), advising on the establishment of accountability frameworks and accountability management systems (for capital companies), and consulting on IT self-assessment checklists for savings banks. We have also provided advisory services related to the Fourth Industrial Revolution and fintech, including legal advice on small-value foreign currency remittance business for credit card companies and various electronic financial businesses for electronic financial business operators. In addition, we have provided a significant amount of legal advice on financial disputes and litigation related to proprietary investments by financial companies, which are increasing due to financial instability and economic uncertainty, as well as on investigations, inspections, and sanctions by financial supervisory authorities.

Lee & Ko strives to provide timely and comprehensive solutions that are of practical help to clients, based on its broad understanding and concrete experience regarding the unique issues of non-bank financial companies.