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Min Seok Joo
Partner
- TEL 82 2 6003 7521
- FAX 82 2 6003 7016
- E-MAIL msjoo@hwawoo.com
Biography
Min Seok Joo is a partner at Yoon & Yang LLC, and his main practice areas include digital finance, financial company’s license & permit, financial compliance, and financial company inspections & sanctions.
Mr. Joo provides legal advice to clients on various issues related to digital finance (new technologies such as AI, cloud and block chain, new businesses such as My Data, data regulation and IT compliance). In particular, based on his experience working at the Financial Supervisory Service (FSS) and the Financial Services Commission (FSC), he represents and advises a wide range of clients (such as domestic & global big tech firms, financial companies, and fintech companies) on obtaining licenses & permits (i.e., registration & approval), responding to regulatory changes, and compliance issues related to preliminary inspections and new business operations, and inspections & sanctions undertaken by the financial watchdog. He also has ample experience in matters related to unfair trade, financial consumer protection, and regulation of listed companies.
Mr. Joo provides legal advice to clients on various issues related to digital finance (new technologies such as AI, cloud and block chain, new businesses such as My Data, data regulation and IT compliance). In particular, based on his experience working at the Financial Supervisory Service (FSS) and the Financial Services Commission (FSC), he represents and advises a wide range of clients (such as domestic & global big tech firms, financial companies, and fintech companies) on obtaining licenses & permits (i.e., registration & approval), responding to regulatory changes, and compliance issues related to preliminary inspections and new business operations, and inspections & sanctions undertaken by the financial watchdog. He also has ample experience in matters related to unfair trade, financial consumer protection, and regulation of listed companies.
Experience
- 2019-present Yoon & Yang LLC
- 2024-present Member, Appropriateness Assessment Committee on the Processing of Pseudonym · Anonymity, Financial Security Institute
- 2023-present Member, Legal Advisory Committee, Financial Services Commission
- 2023-present Member, Self-Regulation Review Committee, Financial Services Commission
- 2021-present Member, Active Administration Committee, Financial Services Commission
- 2020-present Member, Class Consent Assessment Committee, Korea Credit Information Services
- 2017-19 Deputy Director, Financial Services Commission
- 2012-17 Yoon & Yang LLC
- 2006-12 Corporate Disclosure Department, Financial Supervisory Service
Education
- 2022 Seoul National University School of Law (LL.D. course completion)
- 2012 Korea University School of Law, J.D.
- 2006 Pohang University of Science and Technology, College of Industrial and Management Engineering, B.S.
Awards
- Rising Star, AI·Fintech·Virtual Assets, Korea JoongAng Daily (2023)
Publications
- Korea Chapter, Fintech, International Comparative Legal Guides, Global Legal Group (Co-author, 2023-2024)
- Credit Information Use and Protection Act (Articles 45–52), LAWnB Online Commentary (2020)
- Legal Structure and Tasks of Easy Payment – Focusing on Zero Pay and Samsung Pay, BFL, Seoul National University Center for Financial Law (2020)
Insights
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- Financial Company Licenses ∙ Permits
- Financial Company Examinations ∙ Sanctions
- Financial Compliance
- Financial Consumer Protection Regulations
- Investment Funds
- Banks ∙ Financial Holding Companies
- Financial Investment Companies
- Insurance
- Specialized Credit Finance Companies ∙ Savings Banks
- Unfair Trade Investigation ∙ Accounting Audit
- Anti-Money Laundering
- Digital Finance Center
- Information Security Center
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Admitted to bar, Korea (2012)
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Korean and English
