Indonesia: Technical provisions for the implementation of anti-money laundering and prevention of terrorism financing programmes within capital market sector
December 27, 2017
Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan/ OJK) has issued Circular Letter No. 47/SEOJK.04/2017 …
Sustainability reporting for PLCs in Malaysia
December 27, 2017
Back in 2015, Bursa Malaysia, the Malaysian stock exchange, reported that the Global Risks 2015 report by the World Economic Forum identified that 70 percent of the top 10 risks were sustainability-related, which in turn “raises new risks and opportunities for businesses to understand” and ultimately affects its value …
Virtual currency in the Philippines: Recognition and regulation
December 27, 2017
Bitcoin is essentially a virtual currency (VC), which is any type of digital unit that is used as a medium of exchange — a veritable currency that exists in the digital world. Since it is electronic currency, VC is easily transferable and can be used to pay for goods and services sold through the internet …
South Korea: Amendment of the Fair Trade Act
December 27, 2017
A proposed amendment of the Enforcement Decree of the Monopoly Regulation and Fair Trade Act (Fair Trade Act) was approved by the State Council on September 26, 2017 …
Vietnam: New regulations on liquor trading
December 27, 2017
On September 14, 2017, the government promulgated Decree No. 105/2017/ND-CP on liquor trading (Decree 105) …
Forensic accounting to assist asset search
December 27, 2017
There are endless ways to identify assets, but it can be a costly exercise …
Philippine rules on merger procedure
December 27, 2017
The Philippine Competition Commission issued the Rules on Merger Procedure which explain the timing for the filing of a notice for covered transactions, the procedure for notification, Phase 1 and Phase 2 review and other matters, including confidentiality claims …
The tourism and hospitality sector 2017 — the year gone by
December 27, 2017
This year several policy decisions and judicial pronouncements affecting the tourism and hospitality sector were implemented. We have set out below some of the key developments and their effect on the sector …
Dubai: Dawn Raids – Do you have a policy in place, and is it fit for purpose?
December 19, 2017
How you handle a dawn raid will have a significant impact on the discussions and negotiations that are sure to follow.
India Update for December 2017
December 19, 2017
This edition brings to our readers a featured article titled “The Tourism and Hospitality Sector 2017 — The Year Gone By!!”
Singapore: CIFG Special Assets Capital I Ltd (formerly known as Diamond Kendall Ltd) v Ong Puay Koon and others and another appeal [2017] SGCA 70
December 19, 2017
The central issue in the appeal was whether CIFG could claim the entirety of its losses against each of the Initial Shareholders jointly and severally.
Buyer, beware!
December 19, 2017
The final of four reports from Kroll and Liberty Asia on how to mitigate any hidden compliance and reputational risks relating to human trafficking issues …
Asian-mena Counsel: 11th Representing Corporate Asia & Middle East Survey inc. Firms of the Year 2017; Philippine merger rules; Q&A with Stefan Gannon and Asia legal updates
December 15, 2017
Please find below an interactive PDF of the December 2017 edition of Asian-mena Counsel, magazine
11th Representing Corporate Asia & Middle East Survey inc. Firms of the Year
December 15, 2017
Voted for by those who know best in each jurisdiction, in-house counsel and buyers of legal services …
Dubai: Changes to Law Allowing Developers to Terminate Off-Plan Sales Contracts
December 13, 2017
An important development that will assist developers who are facing a difficult real estate market …
Amendment to the Thai Civil and Commercial Code
December 13, 2017
Part IX: Combination of Limited Companies …