Seyon BAEK - Kim & Chang

Bio

Seyon Baek, an attorney at Kim & Chang’s Financial Regulation & Compliance Practice, provides legal advice in the areas of insurance, financial regulation and compliance. She has been advising insurance companies, banks, non-bank financial institutions, asset management companies, etc., in and out of Korea, with extensive work experience in audits and investigations of financial institutions, M&As and licenses/permits of financial institutions, etc.

Ms. Baek, when working for the Financial Supervisory Service, performed duties related to licenses and permits of financial institutions, eligibility review for major shareholders, and review of finance-related laws and regulations at the Insurance Supervision Department, the Dispute Mediation Department and the Savings Bank Supervision Department. Ms. Baek also worked for Shin & Kim, where she advised a number of insurance companies, banks, financial holding companies and non-bank financial institutions in the areas of governance and internal control, licenses and permits for new businesses, product launch and response to supervisory authorities’ audits and sanctions.

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Profile

Experience

Kim & Chang (2025-Present)

Member of Product Disclosure Committee, General Insurance Association of Korea (2023-Present)

Member of Fault Ratio Inquiry Committee, General Insurance Association of Korea (2019-2023)

Shin & Kim (2018-2025)

Savings Bank Supervision Department, Financial Supervisory Service (FSS) (2018)

Insurance Supervision Department, FSS (2014-2018)

Dispute Mediation Department, FSS (2014)

Insurance Business Department, Korean Federation of Community Credit Cooperatives (2007-2011)

Representative Mattersshow

Advised a Korean insurance company on responding to the Financial Supervisory Service’s inspections and sanctions.
Advised a Korean bank on responding to the Financial Supervisory Service’s inspection and sanctions.
Advised on the conversion of a Korean insurance company into a holding company.
Advised on the establishment of a Korean credit-specialized financial company.
Advised on the conversion of a Korean asset management company into a public fund manager.
Advised on the approval of an overseas insurance company’s acquisition of shares and the change of the major shareholder of a Korean insurance company.
Advised a Korean securities company on the establishment of a subsidiary.
Advised a Korean insurance company on the launch of a new product.
Advised a Korean asset management company on foreign exchange transactions and overseas expansion.
Provides legal advice to a number of insurance companies, banks, financial holding companies and non-bank financial institutions in and out of Korea.