Category Archives: Law

Malaysia Introduces Corporate Liability Bill

Malaysian Parliament

The Malaysian Government has proposed amendments to the Malaysian AntiCorruption Commission Act 2009 that will make corporations liable for the corrupt practices of its associated persons. The amendments are set out in the Malaysian Anti-Corruption Commission (Amendment) Bill 2018 (“Bill”) that was tabled for first reading in the Malaysian Parliament on 26 March 2018. Corporate […]

Singapore Introduces Deferred Prosecution Agreements

Mishcon de Reya

Under the recently enacted Criminal Justice Reform Act, Singaporean law now enables prosecutors to enter into Deferred Prosecution Agreements (DPAs) with corporates. This means prosecutors may choose not to pursue charges on the condition that the suspected corporate agrees to measures such as the payment of financial penalties, the implementation of appropriate compliance regimes and […]

Hong Kong court considers nature and arbitrability of lawyer-client fee disputes

In a decision dated 10 January 2018, the Hong Kong Court of First Instance (Court) stayed its proceedings in favour of arbitration under an arbitration agreement between a firm of solicitors and its former clients. The Court held that there is nothing in Hong Kong law or public policy to indicate that a dispute between […]

The Rise of Legal Tech Incubators and Why Allen & Overy’s ‘Fuse’ Has the Right Stuff

Allen & Overy’s ‘Fuse’ Provides a Case Study for How to Launch a Legal Tech Incubator and to Harness its Potential   Allen & Overy, the venerable Magic Circle firm, launched its incubator, ‘Fuse,’ less than a year ago. Fuse is much more than a dedicated, innovative space where a group of legal tech companies work. […]

Singapore International Commercial Court to have jurisdiction over litigation related to international commercial arbitration

On 9 January 2018, the Singapore Parliament passed amendments relating to the Singapore International Commercial Court (“SICC”). The Supreme Court of Judicature (Amendment) Bill (No. 47/2017) (“Bill”) principally aims to: (1) clarify the extent of the SICC’s jurisdiction; and (2) streamline the SICC’s procedure. The SICC was established in 2015 as a division of the […]

Singapore Expected to Introduce Deferred Prosecution Agreement Regime

Singapore Minister for Home Affairs and Law K. Shanmugam announced earlier this week that the government is considering the inclusion of Deferred Prosecution Agreements in the latest round of amendments to the Criminal Procedure Code and Evidence Act. It was reported toward the end of 2017 that Keppel Offshore & Marine reached a global resolution […]

Demystifying China’s Cybersecurity Law

Demystifying China's Cybersecurity Law

By now, most are aware of The People’s Republic of China’s new Cybersecurity Law which took effect June 1, 2017, in efforts to improve national cybersecurity for the largest digital shopping and mobile/internet based financial service markets in the world. Intense discussions and debate continue within government offices, multinational businesses and human rights circles regarding […]

Exploring The Frontier In Securities Litigation In China 

Exploring The Frontier In Securities Litigation In China 

Following the rapid development of the Shanghai / Shenzhen Stock Exchange Market (“SSE / SZSE”) and the ChiNext Market (“ChiNext”) in China over recent years, an increasing number of judgments on the issue of misrepresentation relating to securities (e.g. fraudulent listing, fictitious profit etc.) have been reported. Meanwhile, as of 2016, after the “Provisions of […]