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.
Q&A: ‘We can successfully create a supportive legal ecosystem’
The Thai Corporate Counsel Association (THAI-CCA) was launched in June with a mission to rejuvenate Thailand’s in-house community and expand its reach across the region. Sahachai Wibuloutai and Thitiwat Wisarath, co-founders of Thailand’s first corporate counsel association, share their vision for the organisation and how they are planning to tackle future challenges to achieve their goals.
BRIEFS: South Korea Aims to Revigorate Banking Sectors by Relaxing Licence Rules
South Korea’s major lenders are staring at a fundamental shake-up to their decades-long dominance of the country’s commercial bank sector, following the introduction of new rules. The South Korean Financial Services Commission (FSC) said in July that regional banks and financial firms will be allowed to apply for nationwide commercial bank licenses. “The government will proactively consider new approvals if accompanied by sufficient financial resources and feasible business plans,” said Kim Joo-hyun, chairman of the FSC, in front of major financial groups in the country.
EXPLAINER: New Singapore Ruling Offers Crypto Certainty
Singapore was pegged by industry experts to become the cryptocurrency capital of the world. In 2021, the crypto market in Singapore grew to $1.48 billion, a ten-fold increase from the previous year, according to KPMG. Singapore lawmakers’ progressive attitude towards digital asset finance invited investors to its shores, setting up a rapidly expanding industry.