EXPLAINER: Unpacking the GIFT City Remittance Regime
The Reserve Bank of India has recently expanded the scope of remittances to International Financial Services Centres (IFSCs), permitting Indian residents to open foreign currency accounts in the country’s first IFSC, Gujarat International Finance Tec-City, also known as GIFT…
Q&A: Beyond the Boundary: How Law Is Influencing Sports Governance
Nandan Kamath is a sports lawyer and the founder of LawNK, a law firm based in Bengaluru specialising in sports, technology, and media law, representing a diverse clientele that includes national and international sports federations, leagues, teams, sponsors, and athletes.
IN-HOUSE INSIGHT: How General Counsel Can Set the Gold Standard
Over my close to 20 years in the legal profession, I have heard and read many preconceived notions about in-house versus law firm experience.
SANCTIONS: Charged Conflict
The electric vehicle industry is facing a high-voltage trade dispute as China and the European Union engage in a tit-for-tat battle over market dominance. With the EU imposing new tariffs on Chinese-made EVs, Beijing has swiftly retaliated by launching its own investigation into European trade practices. This escalating conflict threatens to reshape the global EV landscape and test the resilience of international trade relations.
ROUNDTABLE: Small but Mighty
In order to establish a presence in Singapore's competitive legal environment, boutique law firms are endeavouring to create a distinctive formula for success. To excel beyond their size, these firms must offer specialised services to their clients, remain informed about the latest legal advancements, and leverage technology to enhance operational efficiency. Managing partners from four boutique firms in Singapore share their insights with ALB.
SUSTAINABILITY: Green Treasuries
In the ever-evolving landscape of global finance, green bonds have emerged as a resilient force, with issuance of these bonds reaching an impressive $232 billion in the first four months of this year alone. As Southeast Asian countries accelerate their decarbonisation efforts and investors demand more ESG products, the region's green bond market is experiencing a significant surge, promising a greener future for both the environment and the financial sector.
RANKINGS: ALB Asia Top 15 Female Lawyers 2024
In a legal landscape increasingly shaped by female talent, Asian Legal Business (ALB) presents its fourth annual ranking of the Top 15 Female Lawyers in Asia, showcasing the remarkable achievements and contributions of women in the legal profession across the region. As we celebrate these outstanding women, we delve into their unique perspectives, exploring the challenges they've overcome, the impact of their leadership, and the evolving role of women in shaping the future of Asia's legal market.
Lawyers and the Metaverse (EN/JA)
In February this year, ArentFox Schiff announced that it had become the first major U.S. law firm to “join the Metaverse” by acquiring a land site in Decentraland, a fact that underscored how seriously lawyers are taking one of the latest technology trends. Technologist and futurist Joseph Raczynski of Thomson Reuters Legal talks about how the Metaverse will impact the legal space, and what lawyers should do to prepare.
More Opportunities for Specialised Law Firms (EN/JA)
Japan has seen a surge in newly established law firms in the past decade. According to the Japan Federation of Bar Associations, the number of law firms has jumped to 1,388 in 2020, the latest year statistics are available, from just 657 in 2012. This is in response to more complex business transactions and emergence of new practice areas due to evolving technologies, lawyers say.
Lifting of restrictions will bring in more lawyers, but HK already has a solid pool
In early May, Hong Kong lifted its ban on the entry of professionals from overseas. For two years, the city has had some of the world's strictest COVID-19 rules, which led media to speculate that there would be a talent crunch in industries such as finance and legal. Now with the restrictions easing, legal recruiters expect to see an “increasing influx of talent” from abroad.