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News & Analysis

Overview of the requirements for establishing Asset Management Institution in Cambodia

18 June 2026 by Jipyong

On 19 February 2026, the financial regulator of Cambodia, the National Bank of Cambodia (the “NBC”), promulgated Prakas No. B37-026-113 on Conditions for Asset Management Institution (“Prakas on AMI”) to create a regulatory framework for the licensing of asset management institutions in Cambodia.  A licensed asset management institutions can acquire and manage non-performing loans and associated collaterals from banks and other financial institutions in Cambodia, allowing such banks and financial institutions to manage their loan portfolios, improve asset quality and strengthen their balance sheets.  

News & Analysis

Personal Obligations in Korean Venture Financing Deals: Enforceability of Founder-Backed Share Purchase Obligations in Korea

29 September 2025 by Jipyong - South Korea

On 16 July 2025, the Seoul Central District Court rendered a notable decision concerning the enforceability of contractual share repurchase rights against company founders in the context of insolvency proceedings (Seoul Central District Court, 2024GaHap59259).

News & Analysis

South Korea: Vietnam’s Decree 94: Introducing Regulatory Sandbox for Fintech Innovation

19 June 2025 by Jipyong - South Korea

On May 15, 2025, the Government of Vietnam promulgated Decree No. 94/2025/ND-CP (“Decree 94”), introducing a regulatory sandbox mechanism for certain fintech activities in the banking and financial services sector.

News & Analysis

South Korea: Vietnam’s Decree 94: Introducing Regulatory Sandbox for Fintech Innovation

19 June 2025 by Jipyong - South Korea

On May 15, 2025, the Government of Vietnam promulgated Decree No. 94/2025/ND-CP (“Decree 94”), introducing a regulatory sandbox mechanism for certain fintech activities in the banking and financial services sector.

News & Analysis

Shareholders’ Contractual Rights in Korea’s Rehabilitation Proceedings

04 December 2023 by Jipyong - South Korea

In a recent case concerning shareholders’ contractual rights in rehabilitation proceedings, Korea’s Supreme Court held that a contract which grants the shareholders the right to consent

News & Analysis

Shareholders’ Contractual Rights in Korea’s Rehabilitation Proceedings

04 December 2023 by Jipyong - South Korea

In a recent case concerning shareholders’ contractual rights in rehabilitation proceedings, Korea’s Supreme Court held that a contract which grants the shareholders the right to consent

News & Analysis

Amendments to the Financial Investment Services and Capital Markets Act: New Sanctions Against Unfair Trading Activities

06 November 2023 by Jipyong - South Korea

On September 25, 2023, Korea’s Financial Services Commission (“FSC”) announced a legislative notice for a proposed amendment to the Enforcement Decree of the Financial Investment Services and Capital Markets Act (the “FSCMA”).

News & Analysis

Amendments to the Financial Investment Services and Capital Markets Act: New Sanctions Against Unfair Trading Activities

06 November 2023 by Jipyong - South Korea

On September 25, 2023, Korea’s Financial Services Commission (“FSC”) announced a legislative notice for a proposed amendment to the Enforcement Decree of the Financial Investment Services and Capital Markets Act (the “FSCMA”).

News & Analysis

MOJ Announces Amendments to the Korean Commercial Act to Reinforce Regulations on Corporate Governance and Protection of Shareholders

10 October 2023 by Jipyong - South Korea

On August 24, 2023, the Ministry of Justice (the “MOJ”) announced partial amendments to the Commercial Act of Korea to bolster regulations on corporate governance and protection of shareholders.

News & Analysis

MOJ Announces Amendments to the Korean Commercial Act to Reinforce Regulations on Corporate Governance and Protection of Shareholders

10 October 2023 by Jipyong - South Korea

On August 24, 2023, the Ministry of Justice (the “MOJ”) announced partial amendments to the Commercial Act of Korea to bolster regulations on corporate governance and protection of shareholders.