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。
Myanmar Tax Update: Myanmar IRD to Implement Integrated Tax Administration System Starting FY 2019-2020
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
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?
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 […]
Vietnam: The case between Vinasun and Grab: awaiting the judge’s decision
Reading Time: 5 minutesRead the first part to Lac Thi Tu Duy’s commentary on the Vinasun v Grab dispute here. The dispute seems not to be the private matter between Grab and Vinasun anymore, but a battle between the “traditional taxi” and the “tech-based taxi”. We need to know what point of view the judge holds in this […]
The law on demotions in Hong Kong
Reading Time: 3 minutesA demotion normally involves a reduction in rank or status, or a decrease in job responsibilities and/or salary. An employer may wish to demote an employee for a variety of reasons including poor performance, capability and/or as an alternative to termination. Regardless of the reason for the demotion, an employer should be careful when demoting […]
How does an escrow account work in Singapore?
Reading Time: 5 minutesIn Singapore, escrow accounts are used predominantly by solicitors in conveyancing transactions to control the flow of funds during various stages of the transaction. This article will look at the role of escrow accounts in conveyancing and the other purposes escrow accounts can serve. By understanding what the term means, you can better navigate and […]
Vietnam: “Battle” against plastic carrier bags: Experience from England
Reading Time: 5 minutesIncreasing the environmental protection tax rate in regards to production from VND40,000 up to VND200,000/kilogram of produced plastic carrier bags as drafted by the Ministry of Finance appears to only make an impression on figures. Since the end of the period of 2014-2016, during a training course at a UK university, I have witnessed an […]
香港：兼职引发的法律问题
Reading Time: 1 minutes不少香港公司规定，雇员若未作出披露或未经同意从事兼职，即属违反合约，可能会面临纪律处分、解雇，甚至被起诉索偿。兼职亦可能触犯《防止贿赂条例》内的刑事罪行。
雇佣合约或人力资源政策须列明准则，规定雇员就其收受的利益及任何外间薪酬（包括兼职）作出充分披露，以及订明审批权谁属。就相关政策提供培训、加深雇员的认识、制订审批权，以及建立申报外间工作的机制都是关键所在。
Blockchain dispute resolution: a better alternative for the decentralised world?
Reading Time: 5 minutesWith the recent judgment by the Singapore International Commercial Court on the wrongful reversal of Bitcoin and Ethereum trades by a centralised exchange operator[1], we are beginning to see blockchain technology slowly creeping into traditional dispute resolution. That dispute, however, was only capable of being adjudicated through traditional legal means because the relevant transactions occurred […]
Managing the relationship between shareholders and your business in Australia
Reading Time: 4 minutesGetting a new business up and running can be a difficult and at times convoluted process. Expanding the business by obtaining funding and dividing equity amongst shareholders can be both exciting and daunting. When there is more than one shareholder in a business a Shareholders Agreement is a critical and necessary document for you to […]
Commentary: Employees and your business in Australia
Reading Time: 3 minutesA CHECKLIST TO ENSURE COMPLIANCE Employing people in your business is both an exciting milestone but can be burdensome given the robust employment law regime in place in Australia. Ensuing that you and your business are in line with the requirements of employment laws is important, both to the longevity of your company and your […]