Singapore launched the Singapore Standard ISO 37001 on Anti-bribery management systems on 12 April 2017, following a public consultation.
The OJK would issue administrative sanctions incrementally. However there are now exceptions to this general rule.
A draft of the new Competition Law (Draft Law) has been recently posted on the Government Portal for public review and commentary. The finalized Draft Law is expected to be submitted to the National Assembly in October 2017 and adopted in May 2018.
The Federal Government has announced and invited submissions on a proposal for a deferred prosecution agreement scheme to be introduced in Australia and proposed amendments to the foreign bribery offence.
On 3 April 2017, the Singapore Parliament passed proposed changes to the Computer Misuse and Cybersecurity Act. The parliamentary debates on the amendment Bill shed further light on Singapore's legislative framework for combatting cybercrime.
Tthe second-largest producer of telecommunications equipment in China, entered into a plea agreement with the US Department of Justice for violations of US sanctions against Iran and US export controls.
The China Food and Drug Administration has issued guidelines aimed to implement China's new Cybersecurity Law in the administration of medical devices in China. This development is a clear signal that Chinese regulators intend to enhance cybersecurity protection in the healthcare sector.
The Hong Kong Court of Final Appeal has handed down a landmark ruling clarifying an important element in an offence under section 9 of the Prevention of Bribery Ordinance.
Mandatory data breach notification laws have passed parliament. Baker McKenzie partner Patrick Fair explains how the laws will work and what they will mean for business.
The government is currently accelerating its efforts to establish a national cybersecurity agency. This idea to have a nationwide cybersecurity watchdog has been brewing for quite some time.