Yung Pyung Lee is an attorney at Kim & Chang. Mr. Lee mainly advises in the fields related to financial regulations and financial sanctions imposed by financial authorities, such as financial company sanctions, unfair trading practice and accounting supervision, based on his experience working at the Financial Services Commission (“FSC”) and an accounting firm.

Prior to joining Kim & Chang, Mr. Lee served as a government official at the FSC for nine years from 2015 to 2024.

Mr. Lee served as the head of the Commissions Deliberation Support Team of the FSC from 2022 to 2024, and reviewed legal issues on major agenda related to financial sanctions and financial regulations discussed at FSC regular meetings, Sub-commission of the FSC, Securities and Futures Commission, Capital Market Investigations Deliberation Committee, and Accounting Supervision Committee to support individual commissioners and members’ deliberations and judgments.

Also, Mr. Lee has carried out work to improve the overall financial sanctions system, including overseeing the “Improvement of the Administrative Fine System in the Financial Sector” project promoted in 2023. Mr. Lee has special knowledge and know-how in the field of sanctions imposed by financial authorities.

Mr. Lee worked as a deputy director at the Financial Policy Bureau, Financial Group Regulation Bureau, Financial Intelligence Unit of the FSC, and was responsible for major national tasks promoted by the government, such as revising 11 finance-related laws and completely revamping the imposition criteria of penalty surcharges for “Financial Sector Sanctions Reform,” the enactment of the “Act on the Supervision of Financial Conglomerates” for financial group-wide risk management, and ESG and green-finance activation.

In addition, Mr. Lee performed various financial policy and supervision/regulatory affairs, including being in charge of the “Financial Holding Companies Act” and the “Regulations on Inspection and Sanctions on Financial Institutions,” operation of a policy-type fund, investigation and sanctions on virtual asset service providers to prevent money laundering, ISDS response, statutory interpretation, etc.