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.
ALB Asia IP Rankings 2022
Even as the COVID-19 pandemic shook up the world, the IP landscape in the Asian region remained buoyant thanks to its agility and digital readiness. This was reflected in the best law firms for IP work, which went above and beyond when it came to servicing their clients in difficult times.
SG Continues Tightening of Crypto Scrutiny With New Bill
In April, Singapore extended its oversight of virtual assets with a law that expands its cryptocurrency regulations to companies that have a local presence in the market but offer digital token services outside of Singapore. The Financial Services and Markets Bill 2022, which has gained approval from lawmakers, marks higher regulatory scrutiny on digital assets.
Island in Turmoil
A state of unrest remains in Sri Lanka, as mass protests continue following severe inflation, daily blackouts of 10 to 13 hours, and shortages of fuel and many essential items. With immense foreign debts and forex reserves almost depleted, the South Asian island nation is on the verge of bankruptcy. In April, Sri Lankan officials said the country will temporarily default on its foreign debts as it faces its worst economic crisis in more than 70 years, according to the BBC. Businesses have closed, public transport has faced disruptions, and medical professionals have warned of essential-supply shortages.