YOON&YANG

Jong Youl Choi Partner

TEL 82 2 6182 8395
FAX 82 2 6003 7030
E-MAIL jychoi@hwawoo.com

Jong Youl Choi is a partner at Yoon & Yang LLC. His main practice area is capital market regulation.
Jong Youl regularly advises unfair trade investigation and disclosure in respect of domestic and foreign financial companies and listed companies, responds to accounting fraud audits and external audits, and assists with capital market regulation matters such as IPO and listing eligibility reviews, as well as examination sanction matters. Leveraging his extensive capital market regulatory experience gained during his time at the Capital Markets Investigation Department and the Accounting Investigation Department at the Financial Supervisory Service, he provides personalized advice on capital market regulation and accounting regulatory risks.

Experience

2020-present Yoon & Yang LLC
2018-20 Yulchon LLC
2016-18 Accounting Investigation Department, Financial Supervisory Service
2013-16 Capital Markets Investigation Department, Financial Supervisory Service
2012-13 Inclusive Finance Support Department, Financial Supervisory Service
2009-12 DR & AJU LLC

Education

2022 Korea University Graduate School, Department of Law (LL.D coursework completed)
2017 Korea University Graduate School of Law, LL.M. in Finance law
2009 Judicial Research and Training Institute
2006 Yonsei University College of Law, LL.B.

Representative Matters

Responded to the Financial Supervisory Service audits, the Audit Committee, and the Securities and Futures Commission in connection with accounting fraud
Responded to external audits and accounting fraud (digital forensic) of listed companiesResponded to Financial Supervisory Service investigations, the Capital Markets Investigation Examination Commission, and the Securities and Futures Commission in connection with unfair trading investigation
Advised on compliance in respect of capital markets regulations of listed companies
Advised on the license/permit and registration of financial institutions and fintech businesses
Responded to Financial Supervisory Service examination sanction in respect of financial institution
Responded to qualitative review of listing eligibility by the Korea Exchange
Advised on IPOs

Awards

Award of the Financial Supervisory Service Governor (2015)

Publications

[Books]

Manual for Compliance Assistants (Co-Author), Korean Bar Association, 2019
Analysis of Court Precedents on the Accounting Audit System, Financial Supervisory Service, 2017

[Dissertations]

Criticism on the Expanded Application of the Prohibition of Unfair Trading in the Capital Markets Act and Proposed Application Standards (Focused on the Lorenzo v. SEC decision of the Supreme Court of the United States and domestic precedents and enforcements), Human Rights and Justice 495, Korean Bar Association, 2021
Practical Issues of General Shareholders’ Meetings upon the Strengthened External Audits (A Focus on the So-Called “Accounting Crisis” of the 2019 General Shareholders’ Meeting Season) (Co-Author), BFL 97, Seoul National University Finance Law Center, 2019
Criticism on Article 443 of the Capital Markets Act, Koryo Jurisprudence 86, Korea University Legal Research Institute, 2017
A Study on the Unfair Gains of Unfair Trade Practices under the Capital Markets Act, Korea University, 2016