‘In times of economic stress, there is a greater propensity for wrongdoing’
BY Elizabeth Beattie |The past few months have been busy for Tan Boon Gin, CEO of Singapore Exchange Regulation (SGX RegCo). Not only has he announced a flurry of regulatory guidelines and proposals, but he also has further areas of reform in mind. He recently spoke to ALB about what’s on the horizon for SGX, investors and business in Singapore.
TikTok in Focus as Trade Tensions Ramp Up
BY Elizabeth Beattie |As trade tensions between the U.S. and China continue to flare up, Chinese technology companies operating on American soil have become the latest targets of the Trump administration. And Trump’s recent targeting of Chinese-owned social media app TikTok is being seen as something of a harbinger for future sanctions.
Compliance Across Borders
BY Elizabeth Beattie |Designing a compliance programme that is robust and yet flexible enough to span multiple jurisdictions and industries is an increasingly common challenge for businesses as they expand their presence across Asia’s varied countries. And regardless of where businesses may be located, there are a few essential elements to include, experts say, warning there can be significant costs for overlooking these.
Mishcon adds disputes partner to recently opened Singapore office
BY Aparna Sai |UK firm Mishcon de Reya has hired disputes specialist Gavin Margetson as a partner in its recently opened Singapore office. He joins from local boutique Sharpe & Jagger.
SG: Oon & Bazul nabs corporate partner from RHT
BY Aparna Sai |Singapore law firm Oon & Bazul has added corporate specialist Ng Yi Wayn as a partner from local rival RHTLaw.
For Companies Looking Beyond HK, the Moving Process Could Be Complex
BY Elizabeth Beattie |When the U.S.-China trade war began, it triggered a sudden rush to rethink and diversify supply chains. Some in Hong Kong sought to deploy the first sale rule, while others looked to strengthen their footprint in other markets in a bid to round out their Asia presence.
Greater Integration
BY Elizabeth Beattie |On Aug. 11, the Standing Committee of China’s National People’s Congress (NPC) passed a decision to implement pilot measures that will allow Hong Kong lawyers to practice in nine cities in the Greater Bay Area. Lawyers in Hong Kong and on the mainland say the measures provide more room for the professional development of Hong Kong lawyers, and facilitate the growth of legal services on the mainland.
CCI Taking Strides Towards Penalising Individuals [Brought to you by Incisive Law]
BY Piyush Gupta |In a recent development in India, the Central Board of Direct Taxes (‘CBDT’) has authorised the Indian tax authorities to share ‘relevant and precise’ information with the Competition Commission of India (‘CCI’)[1].
E-Meetings – The New Normal [Brought to you by Chandler MHM]
BY Peangnate Sawatdipong, Panupan Udomsuvannakul, Sirawan Fuengfoosin |The Covid-19 situation has accelerated digital transformation across the globe. Many organizations in Thailand, started to use e-meetings as an alternative to physical meetings during the early stages of the spread of Covid-19 in order to reduce face-to-face contact. The use of e-meetings was further accelerated by city lockdowns, travel bans and implementation of work from home procedures.
Is Singapore’s VCC a potential game changer? [Brought to you by Ocorian]
BY Jay Moghe |The introduction of Singapore’s new Variable Capital Company (VCC) provides clear opportunities for investment fund structuring and domiciliation, explains Jay Moghe, Head of Asia Pacific Sales and Business Development at Ocorian, a global leader in corporate and fiduciary services, fund administration and capital markets.
Former SH litigators set up disputes boutique in HK
BY Aparna Sai |Malcolm Kemp and Yeeling Wan, former partners of Stephenson Harwood, have established a boutique firm in Hong Kong called MB Kemp that specialises in dispute resolution and insolvency work.
ALB Conversations: Pavithra Anand, head of corporate legal, Decathlon Sports India
BY Aparna Sai |Pavithra Anand, head of corporate legal at Decathlon Sports India, talks about why managing people is always a learning curve, how comfort leads to confidence, and the need for legal professionals to keep it simple.