Private Wealth Newsletter – Autumn 2012

The Private Wealth Team has recently launched a new Guide to Private Wealth in Asia. The Guide summarises the results of research conducted into trusts, estates and probate issues across twelve Asian jurisdictions (China, Hong Kong, India, Indonesia, Japan, Malaysia,… Read more

Data protection law in Hong Kong gets more teeth

The Personal Data (Privacy) (Amendment) Ordinance ("Amendment Ordinance") was passed on 27 June 2012 and most changes came into effect on 1 October 2012. However, certain changes, including the introduction of a new direct marketing regime, will commence operation at… Read more

CIETAC Split: the latest developments and how to proceed

CIETAC Beijing announced on 1 August that it had suspended the authorisation of its Shanghai and South China (Shenzhen) sub-commissions to accept and administer arbitrations.  In response, the Shanghai and South China sub-commissions published a joint statement on 4 August. … Read more

China looks to tighten labour rules

China's concern for social stability is reflected in two recent draft labour law rules issued for public comment. The effect will be to increase HR costs for some employers. The two recent drafts, which concern labour dispatch practices and labour… Read more

Changes to Singapore’s arbitration laws come into force

On 9 April 2012, the Singapore International Arbitration (Amendment) Act and Foreign Limitation Periods Act were passed in Parliament. Following their respective commencement notifications on 1 June 2012, the amendments to Singapore’s arbitration laws have now come into force.  Please… Read more

CIETAC Shanghai announces split from CIETAC Beijing

On 1 May 2012, the Shanghai sub-commission of the China International Economic and Trade Arbitration Commission (CIETAC) announced that it has split from CIETAC Beijing, declaring itself an independent arbitral institution. Over the Chinese May Day holiday, CIETAC Shanghai also… Read more