Chambers Review
Provided by Chambers
FinTech Legal - South Korea
What the Team is Known For
Lee & Ko is one of the premier law firms in South Korea, with strong corporate and capital markets expertise. It represents large financial institutions as well as FinTech start-ups in high-value transactions. The firm advises on a number of issues, including digital payments, tokenisation and internet banking.
Strengths
Lee & Ko demonstrates an exceptional understanding of Korea’s complex and evolving regulatory frameworks, particularly in financial services, FinTech innovation and data protection.
This team delivers advice that is not only legally sound but also aligned with business objectives and operational realities. They are also highly proactive in anticipating regulatory trends.
Work Highlights
Lee & Ko represented KakaoPay in a Personal Information Protection Commission investigation relating to the transfer of its users' personal information to AliPay.
Notable practitioners
Hyunkoo Kang is a partner at Lee & Ko and advises clients on various aspects of FinTech and financial regulation compliance, including payment models, blockchain and cross-border e-wallet services.
Hyunkoo Kang has deep expertise in financial regulation and FinTech. He provides clear, actionable advice that reflects not only the legal framework but also the commercial realities of our business.
Il Shin Lee advises FinTech clients on data protection and financial regulatory issues. He holds particular expertise in the payments space.
Il Shin Lee presents reasonable and acceptable opinions and alternatives to ambiguous issues in the industry where legal principles or regulatory practices have not yet been established.