Asia-Australia – counseling for success
July 21, 2015
Sitting in a coffee shop in downtown Sydney on a recent trip to Australia, a look around at the diversity of faces discussing business, the price of coffee (and last weekend’s ‘footie’), it was clear that Australians of Asian descent are very much part of the fabric of the country. But whilst Asia has come to Australia, is Australia investing in Asia, and are Australian businesses taking full advantage of their geographical proximity to either the region’s mature or fast-emerging markets?
Diversity and connectivity within the ASEAN Economic Community
July 21, 2015
As well as laying out the ASEAN Economic Community’s goals, Azman Jaafar of RHTLaw Taylor Wessing notes why he expects to see major improvements to the entire ASEAN region, not just to the richer jurisdictions, but to all 10 involved. He points out ASEAN’s strengths, such as its diversity, and notes the many factors that could make the AEC dominant. As he states, “The myriad of opportunities that will present themselves in the region is endless”.
Vertical agreement: illegal per se or the rule of reason? (Part II)
July 21, 2015
In the previous issue, we compared illegal per se and the rule of reason, and pointed out that cases where illegal per se applies turn out to be favourable to the enforcement agencies and the plaintiff in …
Urban reforms – three urban rejuvenation schemes launched
July 21, 2015
There is a compelling need to develop sustainable and technology-driven urban centres, partly as the burgeoning urban population is creating pressure on existing cities and partly to address the growing …
Indonesian Rules on E-Signatures
July 21, 2015
E-signatures in Indonesia are regulated by Law No. 11 of 2008 regarding electronic information and transactions (Law No. 11/2008) and Government Regulation No. 82 of 2012 regarding the implementation …
The net effect
July 21, 2015
Netting arrangements refer to the settlement of obligations between two parties that processes the combined value of transactions. It is designed to lower the number of transactions …
Review of the amendments to the Commercial Building Lease Protection Act
July 21, 2015
Under the previous version of the Commercial Building Lease Protection Act (the Act), a commercial tenant could lose the value of its ‘leasehold premium’ (kwon-ri-gum in Korean), which is the monetary …
A lesson in trademark protection
July 21, 2015
Educational establishments work hard to build reputations as trusted and leading education providers within local communities and globally. Investing in trademark protection can ensure that exclusive …
New investment law – new provisions on licensing procedures for foreign investors
July 21, 2015
On November 26, 2014 the National Assembly of Vietnam adopted a new law on investment (2014 Investment Law) which will take effect on July 1, 2015 and replace the current …
Clyde & Co’s Middle East Deal Study 2015
July 20, 2015
Law firm Clyde & Co recently published its second Middle East Deal Study. Based on the firm’s analysis of data from M&A and JV transactions on which they worked in the region over the last 18 …
King & Wood Mallesons opens in Singapore
July 20, 2015
King & Wood Mallesons (KWM) is now officially open for business in Singapore, with the firm’s new office opening in the Ocean Financial Centre …
King & Wood Mallesons opens in Singapore
July 20, 2015
King & Wood Mallesons (KWM) is now officially open for business in Singapore, with the firm’s new office opening in the Ocean Financial Centre …
Do I need a DIFC will?
July 18, 2015
With the opening of the Wills and Probate Registry in the DIFC, it is now possible to register a will in Dubai and have a high degree of confidence that it will be enforced.
New Attempt to Reform the Moroccan Mining Code
July 18, 2015
Morocco’s draft reform bill contains a number of measures designed to bring new life to the mining industry and attract investment.
UK FCA consults on requirements for reports on payments to government
July 18, 2015
While Canada does not currently have a reporting regime for payments to governments, a process is underway to ensure that a regime is implemented in the near future.
Shanghai’s New Immigration Policy to Attract Foreign Talents
July 18, 2015
The Shanghai Public Security Bureau released the Implementation Rules on Series of Immigration Policies of Shanghai Sci-tech Innovation Center. The article describes the standards for foreigners to be identified as “overseas talents”, the conditions to apply for permanent residence and other related topics.
New Regulations Affecting Business in Vietnam
July 18, 2015
Vietnam has issued new regulations that affect PPPs, derivative securities, cross border provision of public information and employment. Here are the most important changes from each new regulation.
DFSA imposes record fine on Deutsche Bank
July 18, 2015
The Dubai Financial Services Authority (DFSA) imposes its largest fine to date on Deutsche Back AG Dubai (DIFC Branch), sending a strong signal that DFSA is both independent and unafraid to take on well-resourced opponents.
Abu Dhabi Global Market starts first phase of activities
July 18, 2015
Effective 15 June 2015, the Abu Dhabi Global Market began accepting license applications from existing non-financial service tenants of Al Maryah Island that have either a private limited or branch office legal structure.
Launch of Women in Law Hong Kong (WILHK)
July 17, 2015
There was a strong turnout for the June 15 launch party for Women in Law Hong Kong (WILHK), with an inspiring address from Gill Meller, Legal Director & Secretary of MTR Corporation …
Bae, Kim & Lee expands Asia reach with new office in Hong Kong
July 17, 2015
Seoul law firm Bae, Kim & Lee (BKL) has established a new office in Hong Kong. The Hong Kong office will boast 450 lawyers and is BKL’s 4th overseas branch, adding to its offices in Beijing …
Bae, Kim & Lee expands Asia reach with new office in Hong Kong
July 17, 2015
Seoul law firm Bae, Kim & Lee (BKL) has established a new office in Hong Kong. The Hong Kong office will boast 450 lawyers and is BKL’s 4th overseas branch, adding to its offices in Beijing …
Mindfulness for legal industry professionals available now in Hong Kong
July 9, 2015
Over the last year or so, you may have noticed an explosion of interest in the practice of ‘mindfulness’, whether in the business section of the airport bookshop, the list of classes at …
ASEAN: Will the puzzle pieces fit?
July 3, 2015
Want to know if the ASEAN Economic Community is Asia, and perhaps the world’s, next big thing? With its diverse markets and political systems, there’s debate over whether the region’s 10 jurisdictions can work as one and if so, how long it will take for them to integrate, their goal being to do so by the end of 2015. Given the well-documented slow-down in Asia’s emerging markets, can the ASEAN economic integration be a successful one and make the region competitive and worthy of investment?
Dubai Statistics Center – you may be next!
July 2, 2015
Companies in the Emirate of Dubai have recently been receiving questionnaires requesting detailed information about their business, including financial information…
Free Zones in the UAE – an overview
July 2, 2015
Strategically located between Europe, Africa and Asia, the United Arab Emirates has become a hub for trade and commerce throughout the world …
UAE Competition Law – All bark and no bite?
July 2, 2015
Federal Law No. 4 of 2012 on the regulation of competition (the “Competition Law”) introduced a regime for the regulation of anti- competitive behavior in the UAE which previously did not exist …
Clyde & Co’s Middle East Deal Study 2015
June 24, 2015
Law firm Clyde & Co recently published its second Middle East Deal Study. Based on the firm’s analysis of data from M&A and JV transactions on which they worked in the region over the last 18 …
Clyde & Co’s Middle East Deal Study 2015
June 24, 2015
Law firm Clyde & Co recently published its second Middle East Deal Study. Based on the firm’s analysis of data from M&A and JV transactions on which they worked in the region over the last 18 …
‘Planting’ her flag on in-house law – Choo Suit Mae
June 19, 2015
Having made the leap from external to in-house, Choo Suit Mae, Group General Counsel of Sime Darby, knows from over 25 years working externally what it’s like to approach law from that point of view, and applies this constantly when working with external counsel. Giving her thoughts on life and law, she reveals what she believes to be the secrets of success in both, noting that courage in all aspects goes a long way.