Asia-Pacific

New Property Tax in Thailand

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On 16 November 2018, the National Legislative Assembly ("NLA") passed the Land and Building Tax Act ("Act") after lengthy deliberation by the committees involved....

China Employment Law Update, October 2018 edition

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Various new regulations issued on Hong Kong, Taiwan and Macao residents working in mainland China PRC authorities have recently issued several national notices to repeal the employment...

Hong Kong: The Dawn of Virtual Assets Regulations: New measures for crypto funds activities...

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Recent developments Hong Kong’s Securities and Futures Commission (SFC) recently announced that it will adopt new measures to protect the interests of investors in virtual...

Asia Pacific Competition Quarterly Newsletter, November 2018 edition

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Australia brings fourth criminal cartel prosecution and first gun-jumping case By Georgina Foster, Anita Thompson and Anthea BurtonIn June 2018, following a two-year investigation by...

Next Step for Myanmar Competition Law: The Competition Commission

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Appointment of the Competition Commission The long-awaited Myanmar Competition Commission (Commission) has been appointed. Notification 106/2018 of the Union Government released on 31 October 2018...

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

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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

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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...

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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...

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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...
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