[Invest&Law] Barun Law LLC Appoints Former FSS Director Choi Wonwoo, a Leading Financial Regulation Expert

Joining as Advisor to the Financial Regulation Response Team
"We Will Keep Pace with the Strengthening Trend of Financial Regulation"

Choi Wonwoo, former director of the Financial Supervisory Service. Provided by Barun Law LLC

Barun Law LLC has appointed Choi Wonwoo, a renowned expert in financial regulation and former Director of the Financial Supervisory Service, as an advisor.

Advisor Choi served at the Financial Supervisory Service for 29 years, overseeing initial public offerings (IPOs) and insurance company inspections in departments such as the Disclosure Review Office, Insurance Examination Bureau, and Insurance Business Inspection Office. He also led the Asset Management Examination Bureau and Financial Investment Examination Bureau as director, supervising inspections and oversight across the entire financial investment sector, including asset management companies, securities firms, trust companies, and credit rating agencies, establishing himself as a capital markets expert. Notably, he was responsible for leading supervisory practices in major financial incidents such as the Tongyang crisis and the Lime and Optimus fund scandals.

Advisor Choi is expected to generate synergy in the increasingly in-demand financial regulation sector, working alongside Barun Law LLC’s existing team of former Financial Supervisory Service experts. Barun Law LLC’s financial regulation response team includes leading attorney Kim Dohyung, as well as attorneys Choi Jinsook, Jin Moosung, Ma Sunghan, Lee Eunkyung, Ahn Juhyun, Lee Gyucheol, and advisors Kim Youngrin and Yoon Kijoon.

Barun Law LLC operates a “Financial Regulation Response Team” to address the growing complexity of regulations for financial institutions and listed companies. The team brings together a diverse group of professionals, including former judges and prosecutors with experience in financial and securities litigation; financial experts who have advised financial companies; attorneys who have gained hands-on experience at the Capital Markets Investigation Unit of the Financial Services Commission, the Financial Supervisory Service, and the Korea Exchange; and lawyers and accountants who have participated in government and related agency decision-making processes through roles on the Financial Development Deliberation Committee of the Financial Services Commission, the Sanctions Exemption Deliberation Committee and Dispute Mediation Committee of the Financial Supervisory Service, and the Listing Disclosure Committee of the Korea Exchange’s KOSPI Market Division. Together, they collaborate to provide clients with optimal solutions.

Kim Dohyung, managing attorney, stated, “Advisor Choi’s extensive experience in all aspects of financial supervision will offer practical solutions to clients seeking responses to the strengthened financial regulations introduced by the new administration. Barun Law LLC will continue to provide professional and differentiated advisory services to clients aiming for sustained growth amid rapidly changing financial market conditions.”