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Band 4
Provided by Juho Yoon
Technology, Media & Telecommunication; Data Protection & Privacy; FinTech & Financial Data Security; E-Commerce; Automobile & Mobility; Anti-Corruption & Compliance; Financial Regulation; Healthcare & Life Sciences; Entertainment, Sports & Game; Public Policy & Legislative Support
Bae, Kim & Lee LLC(2009-Present); Judge Advocate, Republic of Korea Army(2006-2009)
Korean Bar Association; Certified Tax Consultant (Korea); Illinois State Bar Association
Provided by Chambers
Yoon Juho offers advice on a broad range of mandates, covering transactional and contentious matters in the TMT space. He has notable expertise assisting on acquisitions, investments as well as investigations, particularly those in connection with the telecoms and internet industries. He typically advises domestic corporates and financial institutions.
3 items provided by Bae, Kim & Lee LLC
Major Proposed Amendments to Korean Data Statutes Would Facilitate “Big Data” Services
<b>Bills before legislature seek to revise main data regulations, to better recognize pseudonymization and facilitate data aggregation and related services.</b><br><b>Amendments to Personal Information Protection Act and Credit Information Protection Act appear likely to pass within first half of 2<</b>
Korean data law amendments pose new constraints for cross-border online services and data flows
Under amendments to IT Networks Act, set to take effect in <b>March 2019</b>, offshore online businesses, meeting thresholds of nexus to Korea, will be required to <b>designate local agent</b> for regulatory oversight purposes. <br>Amended rules will also newly <b>restrict <i>onward</i> transfer</b>
Data privacy statute amended to tighten data security oversight and indemnity-related requirements
<b>Changes will, from May 2019, require online service providers, meeting certain thresholds, to employ qualified person in <i>exclusive</i> role of chief information security officer, and to maintain insurance or similar allowance against data breach or mishandling.</b><br><b>Other provisions sign</b>
Major Proposed Amendments to Korean Data Statutes Would Facilitate “Big Data” Services
<b>Bills before legislature seek to revise main data regulations, to better recognize pseudonymization and facilitate data aggregation and related services.</b><br><b>Amendments to Personal Information Protection Act and Credit Information Protection Act appear likely to pass within first half of 2<</b>
Korean data law amendments pose new constraints for cross-border online services and data flows
Under amendments to IT Networks Act, set to take effect in <b>March 2019</b>, offshore online businesses, meeting thresholds of nexus to Korea, will be required to <b>designate local agent</b> for regulatory oversight purposes. <br>Amended rules will also newly <b>restrict <i>onward</i> transfer</b>
Data privacy statute amended to tighten data security oversight and indemnity-related requirements
<b>Changes will, from May 2019, require online service providers, meeting certain thresholds, to employ qualified person in <i>exclusive</i> role of chief information security officer, and to maintain insurance or similar allowance against data breach or mishandling.</b><br><b>Other provisions sign</b>
