The AALCO Annual Arbitration Forum 2023, hosted by the AALCO Hong Kong Regional Arbitration Centre (AALCO-HKRAC), was successfully held at the Hong Kong Convention and Exhibition Centre on 5th and 6th December. The two-day international flagship summit, conducted in a hybrid format, attracted more than 1,500 in-person and online participants, who are insightful diplomats, regulators, business, financial and industry leaders, Artificial Intelligence and legal experts, as well as observer delegations representing governments and international organizations from across the globe, including Brunei, Cameroon, Mainland China, Egypt, Ghana, Hong Kong Special Administrative Region, Iran, Myanmar, the Philippines, the UK and most of the 47 member states of AALCO to discuss a wide range of international legal topics.
This year, Asian Legal Business has spotlighted 15 IP practitioners across Asia who are recognised to have excelled in the increasingly strategic field. Through a solid track record, they have demonstrated themselves as reliable solution providers to their clients, formidable competitors to their peers, and creative pioneers to their followers.
This year, Asian Legal Business has spotlighted 15 IP practitioners across Asia who are recognised to have excelled in the increasingly strategic field. Through a solid track record, they have demonstrated themselves as reliable solution providers to their clients, formidable competitors to their peers, and creative pioneers to their followers.
This year, Asian Legal Business has spotlighted 15 IP practitioners across Asia who are recognised to have excelled in the increasingly strategic field. Through a solid track record, they have demonstrated themselves as reliable solution providers to their clients, formidable competitors to their peers, and creative pioneers to their followers.
Private credit is the buzzword on deal street. The global private credit market is estimated to be US$ 1.5 trillion and likely to reach US$ 2.7 trillion by 2027. While most of this is centred around the United States and Europe, private credit is rapidly becoming an alternate pool of debt capital in India. Some reports estimate that private credit investors had almost US$ 15 billion of assets under management in India as of December 2022 and over US$ 4 billion was deployed in the first half of 2023 alone.
TnP Law Firm won the Transactional Boutique Law Firm of the Year award at the ALB Southeast Asia Law Awards. The firm was founded in 2016 and provides legal services in various areas with a client-focused approach, emphasizing ethics and integrity.
During the China-Central Asia Arbitration Forum held in November 1, 2023, the Central Asia Trial Center of China International Economic and Trade Arbitration Commission (“CIETAC”) was officially unveiled and established. Chen Jianan, Vice Chairman of the China Council for the Promotion of International Trade (“CCPIT”), Chen Mingguo, Vice Governor of the People’s Government of Xinjiang Uygur Autonomous Region and Director of Public Security Department, Wang Chengjie, Vice Chairman and Secretary General of CIETAC, Mo Weigang, Chairman of the CCPIT Xinjiang Committee, Zhou Zhihao, Vice President of the High People’s Court of Xinjiang Uygur Autonomous Region, Rana Sajjad, President of the Center for International Investment and Commercial Arbitration, Diana Bayzakova, Director of the Tashkent International Arbitration Centre, and Enkhtsetseg Sukhbaatar, President of the Mongolian International Arbitration Center unveiled the Central Asia Trial Center together.
Changes to India data privacy laws have been a long time coming. A 2017 Supreme Court decision sparked legislative overhaul when concluding that privacy is a fundamental right. A bill was introduced soon thereafter leading to years of review, multiple versions, and debate. In August, India’s Digital Personal Data Protection Act of 2023 (DPDPA) received presidential assent. The law was modeled after the EU’s General Data Protection Regulation (GDPR). It was originally poised to be stricter than the GDPR but that did not come into fruition, as the final version of the law was scaled back.
On 6 September 2023, 2023 China Arbitration Summit and the 3rd Belt and Road Arbitration Institutions Forum (“Summit”) was successfully held in Beijing. The Summit was co-hosted by China International Economic and Trade Arbitration Commission (“CIETAC”) and United Nations Commission on International Trade Law (“UNCITRAL”). Yu Jianlong, Vice Chairman of China Council for the Promotion of International Trade (“CCPIT”) and Vice Chairman of China Chamber of International Commerce (“CCOIC”), Anna Joubin-Bret, Secretary of UNCITRAL, Liu Guixiang, Permanent Member of the Supreme People’s Court (“SPC”)’s Judicial Committee (Vice-Minister Level) and Grand Justice of the Second Rank, attended the opening ceremony and delivered opening remarks. Wang Zhenjiang, Vice Minister of the Ministry of Justice (“MOJ”), delivered a speech via video. Zhang Shuming, Deputy Chief Judge of the Fourth Civil Division of the SPC, gave a keynote speech. Sun Chunying, First-Level Inspector of the Bureau of Public Legal Service Administration of the MOJ, Zhang Wen, Vice President of Beijing Higher People’s Court, as well as relevant leaders of Beijing Fourth Intermediate People’s Court, Beijing Financial Court and All China Lawyers Association (“ACLA”), attended the opening ceremony. Wang Chengjie, Vice Chairman and Secretary General of CIETAC, moderated the opening ceremony.
Arbitration, an internationally recognized dispute resolution method, plays an important role in protecting the legitimate rights and interests of parties, optimizing business environments, and promoting international economic and trade activities. The China International Economic and Trade Arbitration Commission (“CIETAC”) fully respects the fundamental principles of arbitration, independently, fairly and efficiently examines different kinds of arbitration cases based on law, promoting the sound development of arbitration.
AALCO Annual Arbitration Forum 2023 successfully held in Hong Kong for the first time and hosted by AALCO Hong Kong Regional Arbitration Centre
The AALCO Annual Arbitration Forum 2023, hosted by the AALCO Hong Kong Regional Arbitration Centre (AALCO-HKRAC), was successfully held at the Hong Kong Convention and Exhibition Centre on 5th and 6th December. The two-day international flagship summit, conducted in a hybrid format, attracted more than 1,500 in-person and online participants, who are insightful diplomats, regulators, business, financial and industry leaders, Artificial Intelligence and legal experts, as well as observer delegations representing governments and international organizations from across the globe, including Brunei, Cameroon, Mainland China, Egypt, Ghana, Hong Kong Special Administrative Region, Iran, Myanmar, the Philippines, the UK and most of the 47 member states of AALCO to discuss a wide range of international legal topics.
A conversation with Tony Yeo, one of ALB Asia’s Top 15 IP Lawyers [Brought to you by Drew & Napier]
This year, Asian Legal Business has spotlighted 15 IP practitioners across Asia who are recognised to have excelled in the increasingly strategic field. Through a solid track record, they have demonstrated themselves as reliable solution providers to their clients, formidable competitors to their peers, and creative pioneers to their followers.
A conversation with Daru Lukiantono, one of ALB Asia's 2023 Top 15 IP Lawyers
This year, Asian Legal Business has spotlighted 15 IP practitioners across Asia who are recognised to have excelled in the increasingly strategic field. Through a solid track record, they have demonstrated themselves as reliable solution providers to their clients, formidable competitors to their peers, and creative pioneers to their followers.
A conversation with Jihyun Kim, one of ALB Asia's 2023 Top 15 IP Lawyers
This year, Asian Legal Business has spotlighted 15 IP practitioners across Asia who are recognised to have excelled in the increasingly strategic field. Through a solid track record, they have demonstrated themselves as reliable solution providers to their clients, formidable competitors to their peers, and creative pioneers to their followers.
The Growing Role of Private Credit in the Indian Debt Market
Private credit is the buzzword on deal street. The global private credit market is estimated to be US$ 1.5 trillion and likely to reach US$ 2.7 trillion by 2027. While most of this is centred around the United States and Europe, private credit is rapidly becoming an alternate pool of debt capital in India. Some reports estimate that private credit investors had almost US$ 15 billion of assets under management in India as of December 2022 and over US$ 4 billion was deployed in the first half of 2023 alone.
A conversation with TnP Law Firm, 2023 ALB Southeast Asia Law Awards' Transactional Law Firm of the Year
TnP Law Firm won the Transactional Boutique Law Firm of the Year award at the ALB Southeast Asia Law Awards. The firm was founded in 2016 and provides legal services in various areas with a client-focused approach, emphasizing ethics and integrity.
The Central Asia Trial Center of CIETAC Officially Unveiled and Established in Urumchi, Xinjiang 贸仲中亚庭审中心在新疆乌鲁木齐正式揭牌设立
During the China-Central Asia Arbitration Forum held in November 1, 2023, the Central Asia Trial Center of China International Economic and Trade Arbitration Commission (“CIETAC”) was officially unveiled and established. Chen Jianan, Vice Chairman of the China Council for the Promotion of International Trade (“CCPIT”), Chen Mingguo, Vice Governor of the People’s Government of Xinjiang Uygur Autonomous Region and Director of Public Security Department, Wang Chengjie, Vice Chairman and Secretary General of CIETAC, Mo Weigang, Chairman of the CCPIT Xinjiang Committee, Zhou Zhihao, Vice President of the High People’s Court of Xinjiang Uygur Autonomous Region, Rana Sajjad, President of the Center for International Investment and Commercial Arbitration, Diana Bayzakova, Director of the Tashkent International Arbitration Centre, and Enkhtsetseg Sukhbaatar, President of the Mongolian International Arbitration Center unveiled the Central Asia Trial Center together.
How Does India’s New Law Fit into the Global Data Privacy Landscape?
Changes to India data privacy laws have been a long time coming. A 2017 Supreme Court decision sparked legislative overhaul when concluding that privacy is a fundamental right. A bill was introduced soon thereafter leading to years of review, multiple versions, and debate. In August, India’s Digital Personal Data Protection Act of 2023 (DPDPA) received presidential assent. The law was modeled after the EU’s General Data Protection Regulation (GDPR). It was originally poised to be stricter than the GDPR but that did not come into fruition, as the final version of the law was scaled back.
2023 China Arbitration Summit and the 3rd Belt and Road Arbitration Institutions Forum Successfully Held in Beijing
On 6 September 2023, 2023 China Arbitration Summit and the 3rd Belt and Road Arbitration Institutions Forum (“Summit”) was successfully held in Beijing. The Summit was co-hosted by China International Economic and Trade Arbitration Commission (“CIETAC”) and United Nations Commission on International Trade Law (“UNCITRAL”). Yu Jianlong, Vice Chairman of China Council for the Promotion of International Trade (“CCPIT”) and Vice Chairman of China Chamber of International Commerce (“CCOIC”), Anna Joubin-Bret, Secretary of UNCITRAL, Liu Guixiang, Permanent Member of the Supreme People’s Court (“SPC”)’s Judicial Committee (Vice-Minister Level) and Grand Justice of the Second Rank, attended the opening ceremony and delivered opening remarks. Wang Zhenjiang, Vice Minister of the Ministry of Justice (“MOJ”), delivered a speech via video. Zhang Shuming, Deputy Chief Judge of the Fourth Civil Division of the SPC, gave a keynote speech. Sun Chunying, First-Level Inspector of the Bureau of Public Legal Service Administration of the MOJ, Zhang Wen, Vice President of Beijing Higher People’s Court, as well as relevant leaders of Beijing Fourth Intermediate People’s Court, Beijing Financial Court and All China Lawyers Association (“ACLA”), attended the opening ceremony. Wang Chengjie, Vice Chairman and Secretary General of CIETAC, moderated the opening ceremony.
Innovations and Revisions are Made in the New CIETAC Arbitration Rules to Respond to International Trends and Market Developments
Arbitration, an internationally recognized dispute resolution method, plays an important role in protecting the legitimate rights and interests of parties, optimizing business environments, and promoting international economic and trade activities. The China International Economic and Trade Arbitration Commission (“CIETAC”) fully respects the fundamental principles of arbitration, independently, fairly and efficiently examines different kinds of arbitration cases based on law, promoting the sound development of arbitration.