Regional Round-up
Issue 2 of 2022

CAMBODIA

1. Notification on the Implementation of Labour Self Inspection Regime Via Automated System
2. New Draft Law on Technology Transfer Consumers to Have Right to Withdraw from Contract During Cooling-Off Period under New Prakas
3. Guidelines on Registration and Additional Approval for Trustee in CIS and Custodian in Securities Sector
4. New Prakas on Unfair Contract Clause for Consumer Protection and Fair Competition

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CHINA

1. China Publishes Draft Regulation on Standard Contract for Exporting Personal Information
2. China Issues Specification for Security Certification of Cross-Border Processing of Personal Information
3. China Eases Restrictions on Foreign Investment in Telecom Sector
4. Draft Law Makes Substantive Amendments to the Rules in Connection with Interim Measures in Arbitration

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INDONESIA

1. Deadline for Electronic System Operators is Set: 20 July 2022

2. Overview of the Procurement Guidelines for Indonesia’s New Capital City

3. IDX Enacts Regulation on Free Float for Companies with Multi-Voting Shares

4. Back to Business as Usual as KPPU Reverts to Original Notification Deadline and Reaffirms Competition Compliance Program

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LAOS

1. Decision on the Exchange Services of Commercial Banks and Representative Exchange Shops
2. Notice on Modifying the Country’s Minimum Monthly Wage
3. Decree on Technology Account Comes into Operation on 3 June 2022
4. Development of Tax Payment System through M-Money Mobile Phone System

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MALAYSIA

1. Content Code 2022 | Part 1: The Content Forum Publishes the Revamped Communications and Multimedia Content Code

2. Malaysian Franchise (Amendment) Act 2020: Key Changes

3. Public Consultation on Proposed Amendments to Competition Act 2010 – Introduction of Merger Controls in Malaysia

4. The New Geographical Indications Act 2022: Key Changes

5. Insider Trading – What Directors of Public Listed Companies Need to Know

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INDONESIA

1. Deadline for Electronic System Operators is Set: 20 July 2022

2. Overview of the Procurement Guidelines for Indonesia’s New Capital City

3. IDX Enacts Regulation on Free Float for Companies with Multi-Voting Shares

4. Back to Business as Usual as KPPU Reverts to Original Notification Deadline and Reaffirms Competition Compliance Program

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PHILIPPINES

1. Amendments to IP Rules and Regulations Result in Streamlined Procedure for Inter Partes Proceedings

2. IPOPHL Drafts Rules on Geographical Indications

3. Participation in International Certification System and Support for Interoperability of Data Protection Frameworks

4. Electric Vehicle Industry Development Act to Develop Electric Vehicle Industry

5. Supreme Court Upholds its March 2020 Decision Allowing Foreign Construction Firms to Obtain Regular Licenses to Engage in
   Construction in the Philippines

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SINGAPORE

1. Singapore’s Regulatory Framework for Sovereign Green Bond Issuance – Key Features of Singapore Green Bond Framework

2. Framework for Conditional Fee Agreements in Singapore Comes into Operation

3. Licensing Framework for Cybersecurity Service Providers Comes into Operation

4. Providing Digital Payment Tokens in Singapore: Regulatory Issues to Consider

5. Impending Changes to Tax Incentive Schemes for Family Offices

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THAILAND

1. Personal Data Protection Act Effective 1 June 2022 and New Notifications Issued

2. Amendments to the Copyright Act Take Effect 23 August 2022

3. Amended Public Limited Companies Act – Holding Meetings by Electronic Methods

4. Stock Exchange of Thailand Issues Sustainability Reporting Guide for Listed Companies

5. Bank of Thailand – Relaxation of Rules for Foreign Exchange Transactions

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VIETNAM

1. Enactment of the New Law on Intellectual Property (Amendment)

2. Enactment of the Law on Cinema

3. Minimum Wage Increase

4. Second Draft Decree of the Regulatory Sandbox on FinTech

5. Tightened Supervision Over Foreign Investments Under Circular 02/2022/TT-BKHDHT

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