It is increasingly common to see the footprint of finance transactions spanning different jurisdictions. It is thus vital for businesses to be able to manage the cross-border legal issues that may arise from such regional arrangements. This Guide provides a useful overview of key legal and regulatory requirements and addresses typical issues and considerations concerning lending and security in Southeast Asia, focusing on the following countries:
- Cambodia
- Indonesia
- Lao PDR
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
The key issues and considerations related to lending and security discussed in the Guide include:
- Regulation of commercial secured lending
- Common forms of commercial security
- Registration and perfection of security
- Granting guarantees
- Prohibition on granting financial assistance
- Exchange control on remittances
- Withholding tax
This publication is up to date as of January 2024.
Our banking & finance practice spans across the international aspers of the practice area, with a particular focus on China, Indonesia, Lao PDR, Malaysia, Myanmar, Singapore, Thailand and Vietnam, where the firm has offices or affiliates. We are able to work cohesively on cross border transactions with experience and responsiveness and with a focus on quality at all times across our regional team. Many of our senior practitioners have each had several years of experience with international firms in offices throughout the world and hence they have deep exposure to complicated and sophisticated international financial transactions. At the same time, each office has lawyers qualified in their respective local jurisdictions who are able to offer advice steeped in awareness of the local practice for each of these jurisdictions.
For more information, click here to read the full Regional Guide.
