
Yoon & Yang, a prominent law firm, has recently appointed Ma Soon, a former Financial Services Commission (FSC) official, as a partner lawyer. This strategic move brings a seasoned financial policy expert with nearly two decades of government experience into the firm, enhancing its advisory capabilities in financial regulation.
Ma Soon’s career at the FSC was marked by significant contributions across various domains, including financial policy, licensing, regulation, and enforcement. Her expertise spans critical areas such as banking, insurance, and financial consumer protection. Her public sector journey began in 2007 at the financial intelligence unit under the Ministry of Finance and Economy, where she played a pivotal role in Korea’s efforts to join the Financial Action Task Force, an international body focused on combating money laundering.
Following the establishment of the FSC in 2008, Ma held influential positions in departments overseeing banking and insurance. Her responsibilities included managing licensing and sanctions and developing regulatory frameworks. Her work significantly impacted several key financial legislations, including the Act on Reporting and Using Specified Financial Transaction Information and the Act on Real Name Financial Transactions and Confidentiality.
In 2020, Ma was promoted to senior deputy director at the FSC, where she contributed to drafting regulations for the Financial Consumer Protection Act and led the regulatory sandbox team. Her recent leadership of an investigation team targeting stock-price manipulation underscores her expertise in regulatory enforcement.
At Yoon & Yang, Ma Soon is expected to provide comprehensive advice on a wide array of financial regulatory matters. These include regulatory sandboxes, digital finance, anti-money laundering, financial licensing, and consumer protection. Her extensive experience, from policy planning to on-site investigations, will bolster the firm’s ability to offer clients practical regulatory advice. Lee Myung-soo, the senior managing partner of Yoon & Yang, emphasized that Ma’s diverse background will enhance the firm’s perspective and service offerings.
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