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Hong Kong: SFC enhances investor protection measures for offline services on complex products

The Securities and Futures Commission (SFC) published its Consultation Conclusions on Offline Requirements Applicable to Complex Products ("the Conclusions") on 4 October 2018, in...

Hong Kong: Court of Final Appeal clarifies innocent purpose defence to insider dealing

In Securities and Futures Commission v Yiu Hoi Ying Charles and Others (FACV5/2018), the Court of Final Appeal (CFA) handed down a landmark decision on the...

China’s new Law on the Prevention and Control of Soil Pollution imposes new obligations...

Recent developments As part of its "war on pollution", China recently issued its first law addressing soil pollution, the Law on the Prevention and Control...

Updates on the Thai Cybersecurity Bill, the Draft Amendment to the Electronic Transaction Act...

The Ministry of Digital Economy and Society (“MDES”) has been quite active throughout 2018, having already passed several laws under the digital economy initiatives....

Philippine Competition Commission issues Guidelines for Mandatory Notification of Joint Venture Transactions

On 10 September 2018, the Philippine Competition Commission ("PCC") issued its Guidelines on Notification of Joint Ventures ("JV Guidelines") to aid parties in assessing...

Landmark UK decision reinstates privilege protection to investigation work product

On 5 September 2018, the UK Court of Appeal (CA) overturned the 2017 High Court ruling in SFO v ENRC WLR(D) 317 (ENRC Decision)...

Thailand: Draft Corporate Governance for the Board of Directors of Insurance Companies

Background and Rationale Trust, honesty and responsibility to the insured and the public are the key pillars of the insurance industry. These pillars are generally...

US Court of Appeals limits jurisdictional reach over foreign nationals in conspiracy to violate...

The US Court of Appeals held that a non-resident foreign national cannot be guilty of violating the US Foreign Corrupt Practices Act as an accomplice or a co-conspirator if that person was incapable of committing it as a principal.

The new Anti-Corruption Act: clearly defined to cover foreign juristic persons registered abroad

On 22 July 2018, the Act Supplementing the Constitution Relating to the Prevention and Suppression of Corruption came into effect, replacing the previous anti-corruption law from 1999. Among other things, the reason for implementing the new law is to enhance measures and mechanisms to prevent and suppress corruption and willful misconduct.

Taiwan Cybersecurity Management Act Passed

In addition to government agencies, the Cybersecurity Management Act also requires Providers of Critical Infrastructure to establish and maintain a safe, stable and secure cyber environment.

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