EXPLAINER: Unpacking the GIFT City Remittance Regime

by Nimitt Dixit |

 

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

by Nimitt Dixit |

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

by Isha Rathnam |

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

by Sarah Wong |

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

by Sarah Wong |

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.

The Robots Are Here. How Will They Change the Game?

by Sarah Wong |

Since it was released in November last year, artificial intelligence chatbot ChatGPT has taken the Internet by storm. Hailed as the most sophisticated form of generative AI yet, the tool has impressed by competently engaging in sophisticated dialogues, drafting essays, summarising documents, and even writing software.

Law Firms Are Well on the Road To AI, and There’s No Turning Back

by Charlie Wu 吴卓言 |

ChatGPT might be the latest kid on the AI block, but law firms have been using tools such as ROSS, TAX-I and Litigate for some time now. However, the news of Allen & Overy’s (A&O) ground-breaking partnership with Harvey, an innovative artificial intelligence platform built on an enhanced version of OpenAI’s revolutionary GPT models, shows that AI is set to become a vital part of the legal industry’s future.

Skin in the Game

by Sarah Wong |

The COVID-19 pandemic may have irreversibly upended workplace dynamics by relegating in-office work to an option for many employees, and law firms are not insulated from the evolving trend. Leaders share with ALB how they respond to this paradigm shift by nurturing an “ownership mentality” among the up-and-coming generation of talent and cultivating workplace allegiance in the post-pandemic era.