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Shin & Kim Strengthens its Financial Regulation Practice

Shin & Kim LLC (“Shin & Kim”), led by Managing Partner Jong Han Oh, has recently bolstered its financial regulatory practice with the addition of Seongkoo Cheong (from the 25th class of the Judicial Research and Training Institute), a distinguished expert in the financial sector and a former partner at Kim & Chang.

As financial paradigms rapidly evolve due to recent industrial and technological advancements, the regulatory landscape has become increasingly complex. To navigate this complexity, Shin & Kim is dedicated to strengthening its Financial Regulation Group by recruiting top-tier professionals with exceptional expertise and experience across various areas of financial regulation.

Most notably, Mr. Cheong, who passed the 35th National Judicial Examination, began his career as a judge advocate and has since accumulated nearly 29 years of experience at leading law firms like Kim & Chang His expertise spans financial regulation, capital markets, derivatives trading, data protection, and digital finance. Renowned for his adeptness in defending domestic and international financial institutions, he has successfully managed complex legal disputes and regulatory challenges.

In addition to his legal practice, Mr Cheong has played a key role in the development of digital finance initiatives such as MyData and MyPayment, earning him the Presidential Commendation for Financial Innovation in 2018. He has provided advisory services to various Korean government agencies, including the Financial Services Commission and the Personal Information Protection Commission. Additionally, Mr. Cheong has contributed significantly to academia as a leading theorist in corporate finance and data protection law.

In addition, Shin & Kim has strengthened its Financial Regulation Group by recruiting several notable experts. Attorney Young-jin Kim (passed the 1st Bar Examination), an experienced expert in IT-related regulation of financial companies, worked as a former official of the Electronic Financial Services Division and Financial Data Policy Division of the Financial Services Commission. Attorney Ryon-ho Kang (passed the 3rd Bar Examination) brings significant expertise in financial regulation, licensing, sanctions, and digital finance, having served as an officer at the Financial Services Commission, and the Financial Intelligence Unit, and as a legislative officer at the National Assembly Secretariat. Attorney Sung-kuk Choi (passed the 3rd Bar Examination), with experience at top global consulting firms such as PwC Consulting, has advised major financial institutions and large corporations, further enhancing the group's capabilities.

Also joining the Practice Group are: advisor Ji-won Jung, who served as chairman of the Korea Exchange, president of the Korea Securities Finance Corporation, and chairman of the General Insurance Association of Korea; advisor Joo-hwan Lee, who has over a decade of experience in IT and digital affairs at Hana Financial Group, and has served as Chief Information Security Officer (CISO) following his tenure at POSCO ICT and Samsung SDS; advisor Jeongsang Jang, who worked at Kyobo Life Insurance and the Financial Supervisory Service for 29 years, offering unparalleled expertise in financial company IT systems, inspections, and sanctions; and advisor Donghyun Park, known for his distinctive expertise in financial regulation, based on his experience at Samil PwC Accountings, the Financial Supervisory Service, the Financial Services Commission, and the Joint Investigation Team for Financial and Securities Crimes.

Managing Partner Oh Jong-han remarked, “With the addition of top talent possessing deep expertise in financial law and extensive industry experience, we are well-positioned to proactively navigate the rapidly evolving financial regulatory landscape and address our clients' advisory needs. Our objective is to provide optimized solutions in this dynamic environment.”

Indeed, Shin & Kim's Financial Regulation Practice is renowned for its longstanding expertise as a leading financial advisory group. t has consistently excelled in advising financial institutions on a broad spectrum of matters, including FSS audits, sanctions defense, internal control reviews, and risk management for new ventures. This distinguished reputation is reflected in its consistent top-tier rankings in Banking and Finance and Capital Markets by Chambers, Legal500, and other leading legal directories.

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