Korean firm Barun Law has succeeded in recruiting Moo Sung Jin, a financial regulation specialist who was a senior investigator at the Financial Supervisory Service (FSS), the country’s financial watchdog.
“Barun Law is renowned as a law firm traditionally strong in litigation,” said Do Hyung Kim, one of the managing partners at Barun Law. “Based on this strength, the firm plans to enhance its capabilities in financial regulation by recruiting experts well-versed in the field.
Jin will join Barun Law’s financial regulation response team, contributing to strengthening the firm’s capabilities in providing advisory services on various financial regulations and handling litigation related to financial authorities.”
Licensed to practice law in Korea in 2004, Jin spent seven years at the FSS from 2012 to 2019 and his last position was as a senior investigator. During his tenure at the FSS, he investigated unfair trading practices in the capital markets, including insider trading, market manipulation, fraudulent transactions, and market misconduct. He was also responsible for accounting audits to detect and sanction accounting fraud in companies required to submit business reports, as well as managing various financial dispute complaints arising in the banking and insurance sectors.
Jin was most recently a partner at Bae, Kim & Lee after leaving the FSS in 2019. His track record at Bae Kim & Lee includes advising major commercial banks, securities firms, and savings banks in responding to comprehensive, ad-hoc, and sector-specific inspections by the FSS, advising on responses to unfair trading investigations involving listed companies on the KOSPI/KOSDAQ markets and advising on short-selling investigations targeting foreign investment banks.
With the addition of Jin, Barun Law now has four lawyers with experience at the FSS, including partners Seong Han Ma, Eun Kyung Lee and Ju Hyun Ahn.
