MIDDLE EAST: ‘Law firms offer very little innovation’
Mohammed Jamil is the group general counsel of Petromin Corporation, Saudi Arabia. Jamil has over 20 years of in-house experience working as an attorney across multiple jurisdictions. In the Middle East, he has worked in the legal teams of Yusuf Bin Ahmed Kanoo, Saudi Basic Industries…
RANKINGS: ALB Asia Top 15 GCs 2024
In the fast-paced world of Asian business, general counsel are emerging as key players in shaping corporate strategy. Gone are the days when these legal experts were confined to the sidelines of compliance and risk management. Today, they're at the forefront of innovation, building trust, and driving their organisations forward.
THAILAND: Going Electric
Thailand has established itself as the most dynamic automotive market in Southeast Asia, particularly during a period of industrial transformation in the region. In response to cost and regulatory factors, manufacturers and automakers from China are realigning their supply chains, resulting in increased competition within the Thai market. And while the surge in Chinese electric vehicles in Thailand is creating new opportunities for legal services, lawyers need to adapt quickly to grab their share of the work.
LEGAL NETWORKS: Network-Powered AI
Proactive legal networks are playing a unique role in the proliferation of the latest in artificial intelligence within the legal industry.
EXPLAINER: Can Vietnam’s Updated Telecom Law Help Attract Foreign Investment?
Vietnam, one of the fastest-growing countries in Southeast Asia in recent years, has been eager to bring its economy to the forefront of the latest technological evolution.
BRIEF: Malaysia Offers Investors Cooling IPO Respite During Sluggish Summer
In a year when global IPO markets have wilted under the economic heat, Bursa Malaysia has stood out as a surprising oasis of activity.
Q&A: ‘Technology is key to assisting the evolution of arbitration’
Hong Kong-based LegalTech non-profit eBRAM International Online Dispute Resolution Centre was established in 2018, and currently offers online deal-making and dispute resolution services, among others.
Raise your glass
How Oriental Brwery went from being a gamble to the target of South Korea's biggest M&A deal. By Stephen Aldred and Joyce Lee of Reuters
Gear up for HK’s new Companies Ordinance
Hong Kong’s new Companies Ordinance (Cap 622) will come into operation in March 2014. It represents an extensive rewrite of Cap 32, providing a modernised legal framework for the incorporation and operation of companies in Hong Kong, with the aim of enhancing corporate governance, ensuring better regulation and providing better facilitation of business operations.
Dealing with FATCA
The U.S. Foreign Account Tax Compliance Act (FATCA), approved in 2010, is set to take effect in July this year, and major offshore financial centres have begun entering into cooperation pacts. The governments of Guernsey, Jersey, the Isle of Man and the Cayman Islands have signed inter-governmental agreements (IGAs) with both the U.S. and the UK, while the BVI has signed a FATCA- type IGA with the UK and is negotiating an IGA with the U.S. Ranajit Dam investigates the potential impact of these agreements on offshore financial centres.