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Vietnam Legal Update: Additional Permitted Cases on the Use of Foreign Currency in the Territory of Vietnam
Business,Business Advice,Regional Law,Vietnam

Reading Time: 2 minutesIt is Circular No. 03/2019/TT-NHNN dated 29 March 2019 (“Circular 03”) due to amend Circular 32/2013/TT-NHNN dated 26 December 2013 (“Circular 32”), the State Bank of Vietnam relaxes the restrictions on the use of foreign currency in Vietnam. Principle of restriction on use of foreign currency in Vietnam Under Circular 32, except for 16 limitative […]

聚焦劳资业务:香港法律在降级方面的规定
Business,Business Advice,Hong Kong,Regional Law

Reading Time: 1 minutes降级通常涉及职位降低,或者工作职责和/或薪水的减少。员工出现业绩不良、能力有限等情况但又无需辞退时,雇主都可能会考虑对其进行降级处理。

不管是什么原因,雇主考虑降级时都要慎之又慎。降级应当合法而又专业;否则雇主可能面临不必要的投诉举报。

Vietnam: Disputes arising from NDA – who volunteers to put “Wukong’s magical circlet” on?
Business,Cybersecurity,Intellectual Property,Regional Law,Vietnam

Reading Time: 7 minutesIn the case of a company that has sued its employee (“Employee”) for breaching a Non-Disclosure and Non–Competition Agreement limiting the Employee from working for the company’s competitors (non–competition agreement), several controversial assessments and legal precedents have followed. As made by the Commercial Arbitration Council (CAC), these have delivered different opinions to the concerned parties, […]

Who is responsible if an AI diagnoses your disease wrongly? 
Medical Negligence,Personal

Reading Time: 6 minutesAs technology advances, Artificial Intelligence (AI) will play an increasingly greater role in both simple and complex tasks that humans were previously tasked to complete. The healthcare sector is no exception, with Clinical Decision Support (CDS) software unlocking the potential for hospitals to assess individual diagnoses while cutting costs. As the adoption of this technology into […]

香港:申请宣告父母身分与婚姻诉讼程序中的「密切联系」测试是否相同?
Hong Kong,Marriage,Personal,Regional Law

Reading Time: 1 minutes根据香港法例第179章《婚姻诉讼条例》第3(c) 条,如欲在香港提出的离婚程序,至少其中一方必须与香港有密切联系。过往的离婚案例显示,法院在判断有没有密切联系时会考虑所有相关因素,例如在香港居住多少时间及拥有多少资产。值得注意的是,上诉法庭在近期一宗案件中,将离婚案件的「密切联系」测试的适用范围大幅扩大至其他家事案件。在WSJ v WZC [2019] HKCA 89一案中,一名母亲(「母亲」)代表其未成年儿子(「儿子」)根据香港法例第429章《父母与子女条例》(「该条例」)提出申请

Myanmar Tax Update: Myanmar IRD to Implement Integrated Tax Administration System Starting FY 2019-2020
Business,Myanmar,Regional Law,Taxation

Reading Time: 2 minutesThe Myanmar Internal Revenue Department (“IRD”) recently issued a notice with regard to the implementation of the Integrated Tax Administration System (“ITAS”). This is an electronic system that aims to modernize tax administration procedures in Myanmar starting FY 2019-2020. The aim of the ITAS is to implement an electronic-based system that will administer the tax […]

HONG KONG: A US short-seller was held liable for disseminating a false online research report about a Hong Kong listed company
Business,Business Advice,Hong Kong,Regional Law

Reading Time: 6 minutesIntroduction A US short-seller, Mr Andrew Left (“Mr Left”) of Citron Research, was held liable by the Market Misconduct Tribunal (“MMT”) in August 2016 for publishing false or misleading market information about Evergrande Real Estate Group Limited (“Evergrande”) (Stock Code: 3333). In February 2019, the Court of Appeal (the “CA”) dismissed Mr Left’s appeal against […]

Vietnam: When subsidiaries go bankrupt – can creditors “seek compensation” from parent companies?
Business,Business Advice,Regional Law,Vietnam

Reading Time: 6 minutesIt is normal and recommended to allow a subsidiary which operates ineffectively and falls into insolvency to go bankrupt for the sake of a healthy business environment. However, except for subsidiaries which are only the front companies to conceal non-transparent or illegal business activities of parent companies, the bankruptcy of an enterprise causes losses to […]

Rise of the PMD: The Case for Compulsory Insurance in Singapore
Personal,Personal Injury,Traffic Accidents

Reading Time: 7 minutesMany of us are now familiar with personal mobility devices (PMDs), including devices such as electric scooters, Segways, hoverboards and electric skateboards. These increasingly popular PMDs provide portable personal transport to users in getting from one place to another quickly, particularly for short trips. Millennials and even the elderly welcome PMDs, which are in line […]

Thailand Legal Update: New Amendment to Thailand’s Labour Protection Act
Business,Personal,Regional Law,Thailand

Reading Time: 4 minutesThe Thai National Legislative Assembly approved a resolution to amend the existing Labour Protection Act (the “LPA”) on December 13, 2018. This amendment to the LPA has been published in the Government Gazette on April 5, 2019, and will come into effect on May 6, 2019. Key takeaways of this amendment, which is largely favorable […]

The Amended Employment Act– A New Dawn?
Employment,Personal

Reading Time: 5 minutesAlas, the amended Employment Act has finally come into force on 1 April 2019. For the first time since the enactment of the first Employment Act in 1968, every employee, including all white collar professionals, managers, executives and technicians (“PMETs”) earning more than SGD 4,500, is now covered under the core provisions of Employment Act.[1] […]

Personal

SMU Lexicon: A Non-parent’s Maintenance Obligation

Reading Time: 7 minutesIntroduction Imagine you marry someone with a child from a prior relationship. Initially, you do not mind caring for this child. Then, your marriage sours and you no longer want anything to do with your spouse or the child. However, can your initial conduct of caring for the child unknowingly saddle you with a legal […]

Business

Singapore’s latest push as a restructuring and insolvency hub – Amendments to SICC rules

Reading Time: 3 minutesSingapore has earned a budding reputation as a hub for debt restructuring and insolvency in Asia, with its transparent legal system and judicial expertise. This growth can also be attributed to enduring efforts to innovate and reform. To enhance Singapore as a forum of choice in international restructuring and insolvency proceedings, the Rules of Court […]

Gabriel The

Gabriel The (pronounced TAY) is passionate about building a mission-driven company with a clear and focused goal to make significant impact in people’s lives. He runs marketing at AsiaLawNetwork and also leads content strategy.

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