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.
PASL Wind Solutions Judgment Could Give India Arbitration Lift-Off
In a groundbreaking decision on April 20, the Supreme Court clarified that two Indian parties can arbitrate in a non-Indian forum. The outcome of PASL Wind Solutions v. GE Power Conversion India has confirmed that entities can select foreign arbitral seats – such as London, Singapore or Hong Kong – in arbitration agreements, even in cases where contracts and counterparties are based within India. Practitioners feel that this judgment is a critical step in the development of India’s arbitration landscape.
‘We believe in providing services to clients at their doorsteps’
Established in 1911, Khaitan & Co is one of India’s oldest firms. A domestic giant, it recently decided to expand its presence overseas with an office in Singapore. Haigreve Khaitan, senior partner at Khaitan, tells ALB why this is the right time to open the Singapore office, and how the new outpost will fit into the firm’s strategy going forward.
Helping Hand
As the COVID-19 pandemic continues to drag on, employers are buckling in for another year of this strange ‘new normal.’ A number of firms have adapted the way they work, going above and beyond and placing a greater emphasis on wellbeing.