Kim & Chang

About

Kim & Chang is a Korean law firm, established in 1973, whose practice areas include financial regulation and compliance, banking, securities, insurance, and data privacy and cybersecurity. Its Fintech Practice advises on legal and regulatory issues in the finance IT sector, including electronic finance and data protection, under laws such as the Electronic Financial Transactions Act, the Personal Information Protection Act and the Credit Information Use and Protection Act. The practice advises domestic and foreign banks, electronic financial companies, securities companies, credit card companies and insurers, as well as portal service, online distribution and mobile platform companies. Its services include electronic finance licensing, consulting with financial supervisory authorities, protection of personal and credit information, and crisis management relating to security and data breaches. Its advice covers technical, managerial and physical compliance as well as legal issues, and it works alongside related practices including non-bank financial companies and metaverse, blockchain and digital assets.