Launch of Asia Pacific Guide to Privilege 2019

Please click here to access a preview of the Guide. We are pleased to launch the 2019 edition of our Asia Pacific Guide to Privilege. Businesses are increasingly faced with multi-jurisdictional disputes where evidence rarely falls within the borders of a single country and complex legal privilege issues often surface when dealing with communications across multiple … Read more

Japan’s whistleblower laws set to change

Japan’s Consumer Affairs Agency is currently considering amendments to expand the scope and increase the effectiveness of Japan’s whistleblower protection laws. The proposal is earmarked for implementation later this year. Current status of whistleblower protections in Japan Whistleblowers are protected under the Whistleblower Protection Act (Act No. 122 of 2004), which prohibits discriminatory treatment of … Read more

Hong Kong SFC confirms enforcement priorities and approach following strategic review

In its recently relaunched Enforcement Reporter newsletter (see first issue), the Securities and Futures Commission (SFC) has confirmed that corporate fraud and misfeasance, anti-money laundering, Growth Enterprise Market companies and multiple intra-group failings are issues high on its agenda and will be pursued as a priority, as part of its shift towards a more targeted … Read more

Singapore: MAS withdraws second merchant bank status in AML push

In line with its increased commitment to combat money laundering and terrorist financing in Singapore, the Monetary Authority of Singapore (MAS) has ordered the closure of Falcon Private Bank Ltd, Singapore Branch (Falcon Bank). On 11 October 2016, the MAS stated that it was withdrawing the merchant bank status of Falcon Bank for serious failures … Read more

Latest corruption perception scores in line with firm’s global anti-corruption report

International anti-corruption NGO, Transparency International, released on 27 January its latest Corruption Perceptions Index (CPI), reviewing public sector corruption risk in 168 countries. Our 2015 report highlights the same offending countries and points to similar issues, particularly systemic government corruption, failed electoral mandates and public revolts against alleged grand-scale corruption. The latest CPI scores confirm … Read more