The Cost of Corruption For Corporations in Indonesia: Takeaway From Recent Enforcement of Corporate...

Recent Update Almost immediately following the issuance of Supreme Court Regulation No. 13 of 2016 on Case Handling Procedures for Corporate Crimes ("Perma 13") in December 2016, the Corruption Eradication Commission ("KPK") named PT Nusa Konstruksi Enjiniring, Tbk...

Malaysia: Updates to the 2018 Special Voluntary Disclosure Programme

In our previous client alert published in November 2018, we covered the 2018 special voluntary disclosure programme ("SVDP") which was announced during the Budget 2019 to encourage taxpayers to voluntarily disclose their previous undeclared...

Thailand Releases Draft Biodiversity Act

Thailand is one of the most biodiversity-rich countries in the world due to its large variety of ecosystems, landscapes, and habitats. This array of natural resources has played a large role in supporting local...

Product Liability and Safety Post Brexit: Draft Legislation Published

The UK Government has over 10,000 civil servants currently preparing for Brexit. Whilst the terms of Brexit remain uncertain, the Government is nevertheless pushing forward with proposals to make necessary legal changes. Below is a summary...

Foreign Companies Permitted to Open Offshore Accounts in Ukraine

Starting from 7 February 2019, any foreign legal entity will be able to open a current account in Ukraine, both in UAH and in a foreign currency such as USD or EUR. The current...

Hong Kong: New accounting and other cost-saving requirements under the Companies Ordinance effective soon

The Companies Ordinance (Chapter 622 of the Laws of Hong Kong) (the "CO") has been further amended by the Companies (Amendment) (No. 2) Ordinance 2018 (the "Amendment Ordinance"). The new amendments (subject to exceptions)...

China’s ranking declines in Transparency International’s latest Corruption Perception Index

Transparency International (TI) has just released its 2018 Corruption Perception Index (CPI). The CPI continues to be an important gauge by companies in managing corruption risks when conducting businesses in foreign countries.TI reports that...

CPTPP – Customs issues for Vietnam

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) officially entered into force for Vietnam on 14 January 2019. From a customs perspective, there are a number of noteworthy issues as follows: 1. Drastic Tariff...

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