SCAM ALERT NOTICE!

Year in review 2023 →

SCAM ALERT NOTICE!

Year in review 2023 →

Regional Round-up

Your Snapshot of Key Legal Developments in Asia

Issue 3 of 2020 (Jul / Aug / Sep)

Cover Story

CHINA

New Regulations of Shenzhen Court of International Arbitration

The Standing Committee of the People’s Congress of Shenzhen City has passed its new Regulations on the Shenzhen Court of International Arbitration (“SCIA“) (“SCIA Regulations“), which took effect from 1 October 2020.

The SCIA Regulations reflect SCIA’s responses to some long-standing issues in Chinese arbitral practice. It marks a significant step of SCIA towards aligning itself with international arbitration practice.

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rEGIONAL ROUND-UP

2024

2023

2022

2021

Cambodia

Strengthening Business Registration Requirements and Trademark Protection for Media Operators

National Consumer Protection Committee Established to Promote Consumer Protection and Good Faith Dealings in Commercial Transactions

Strengthening Measures for Enforcement of the Law on Telecommunications

Prakas No.346 to Impose Capital Gains Tax on Resident and Non-Resident Taxpayers to Take Effect on 1 January 2021

Law on Mutual Legal Assistance in Criminal Sector
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China

New Regulations of Shenzhen Court of International Arbitration

China Releases Regulations on Unreliable Entity List

China Adjusts Catalogue of Technologies Prohibited or Restricted from Export

China Releases Data Security Law (Draft for Public Comments)
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Indonesia

Restorative Justice Gaining Support in AGO's New Regulation

Notification Procedure Simplified, and Asset Notifications Clarified

OJK Continues Tightening its Grip on Public Companies: New Rule on Affiliated Party and Conflict of Interest Transaction









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Laos

Laos, Hungary Vow to Deepen Cooperative Relations

Foreign Nationals Now Permitted to Own Condominiums
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Malaysia

Employees' Minimum Standards of Housing, Accommodations and Amenities Act 1990 Revised to Expand Coverage to All Employees and to Impose Other Additional Requirements

Amendment to Insolvency Act 1967 to Mitigate Financial Ramifications of COVID-19 and Provide Individuals with Additional Protection from Bankruptcy

Sexual Harassment Also Includes Non-Physical Acts
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Myanmar

MOC Issues Trademark Registration Order No.63/2020 Directing Trademark Owners to Register Trademarks

Union Tax Law of 2020 Takes Effect on 1 October 2020

E-Filing System and E-Payment Platforms for Taxpayers

E-Commerce Operation Guidelines (Draft)
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Philippines

OADR Recognises IPOPHL as the Philippines' Lead Mediator for IP Disputes

Anti-Red Tape Authority Releases Guidelines on the Issuance of Permits and Licenses under the "New Normal"

BIR Launches the Voluntary Assessment and Payment Program for Taxable Year 2018 under Certain Conditions

House Panel Approves Bill Imposing 12% VAT on Digital Transactions

BIR Issues Guidelines for the Institutionalisation of Transfer Pricing Auditing
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Singapore

CCCS Price Transparency Guidelines for Suppliers to Take Effect on 1 November 2020

Setting Aside Recognition of Foreign Bankruptcy Orders for Breach of Natural Justice

Recovery of Gambling Debts Incurred at Foreign Casino Disallowed by Singapore Court

Singapore and China to Cooperate in the Field of Central Bank Digital Currency

Insolvency, Restructuring and Dissolution Act Comes into Operation on 30 July 2020

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Thailand

Amendment to Market Dominance Test under Thailand’s Competition Law

Amendments to the Civil Procedure Code Introducing Civil Mediation Before Litigation

Bangkok Metropolitan Administration Extends the Deadline for Land and Building Tax Payments

Standards for Maintaining Security of Personal Data




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Vietnam

New Decree No. 91/2020/ND-CP Against Spam Takes Effect on 1 October 2020

Corporate Income Tax Reduction

EVFTA Comes into Force on 1 August 2020: Paving the Way for Greater Trade Between EU and Vietnam

New Law on Tax Administration 2019 Comes into Force on 1 July 2020
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Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.

Rajah & Tann Asia is a network of legal practices based in Asia.

Member firms are independently constituted and regulated in accordance with relevant local legal requirements. Services provided by a member firm are governed by the terms of engagement between the member firm and the client.

This website is solely intended to provide general information and does not provide any advice or create any relationship, whether legally binding or otherwise. Rajah & Tann Asia and its member firms do not accept, and fully disclaim, responsibility for any loss or damage which may result from accessing or relying on this website.

© 2024 Rajah & Tann Asia. All Rights Reserved. All trademarks are property of their respective owners.

Rajah & Tann Asia is a network of legal practices based in Asia.

Member firms are independently constituted and regulated in accordance with relevant local legal requirements. Services provided by a member firm are governed by the terms of engagement between the member firm and the client.

This website is solely intended to provide general information and does not provide any advice or create any relationship, whether legally binding or otherwise. Rajah & Tann Asia and its member firms do not accept, and fully disclaim, responsibility for any loss or damage which may result from accessing or relying on this website.

© 2024 Rajah & Tann Asia. All Rights Reserved. All trademarks are property of their respective owners.