In a recent article in Harvard Business Review, researchers showed that 78% of transformations fail finding that “people are the catalysts of successful transformation.” To move beyond working in silos, incremental improvement, and isolated innovation - to achieve transformation – it’s important to have a structured process to engage leadership in setting objectives and guiding transformational change.
Even as the regional economy recovers from the pandemic, the risk of disputes remains a major concern with issues emerging from supply chain disruptions, digital transformation, evolving ESG considerations and other factors. Having the best litigators on your side is thus critical, and the ALB Top 15 North Asia Litigators ranking spotlights some of the leading practitioners in Hong Kong, Japan, and Korea.
Even as the regional economy recovers from the pandemic, the risk of disputes remains a major concern with issues emerging from supply chain disruptions, digital transformation, evolving ESG considerations and other factors. Having the best litigators on your side is thus critical, and the ALB Top 15 North Asia Litigators ranking spotlights some of the leading practitioners in Hong Kong, Japan, and Korea.
After a relatively quiet couple of years on the AML front, 2020 onwards saw a number of significant changes to the Cayman AML regime as well as pertinent industry reminders. The Anti-Money Laundering Regulations (2020 Revision) (as amended) (the AML Regulations), which replaced the 2018 Revision, apply to persons engaged in relevant financial business (as defined in the Proceeds of Crime Act (Revised)), which includes Cayman Islands regulated funds. Also in 2020, the Cayman Islands Monetary Authority (CIMA) published the updated Guidance Notes on the Prevention and Detection of Money Laundering, Terrorist Financing and Proliferation Financing in the Cayman Islands (as amended) (the Guidance Notes), replacing the 2017 version, as amended.
Emir Nurmansyah, a senior partner at Indonesia's ABNR Counsellors at Law and member of the firm’s management board, was recently named by ALB as one of the Asia Dealmakers of the Year for 2022. We find out more about his notable deal work in the past year, and also some of the recent trends and developments in Indonesia’s transactional space that clients should be mindful of.
Under Republic Act No. 10142, known as the Financial Rehabilitation and Insolvency Act of 2010 (“FRIA”), and the Financial Rehabilitation Rules of Procedure (A.M. No. 12-12-11-SC) (“FRIA Rules”), corporations undergoing financial rehabilitation are able to consolidate disputes pending before other courts and quasi-judicial offices to one court – the rehabilitation court. This is because of Section 17(e) (Effects of Commencement Order) of FRIA and Section 9(E), Rule 2 of the FRIA Rules allowing the consolidation of all legal proceedings by and against the debtor to the rehabilitation court.
“Some people resign and return to their hometowns, while others rush to the examination field overnight”. This proverb from a 300-year-old Chinese poem perfectly illustrates the phenomenon of the Hong Kong stock market during the past few years.
The term “risk” gets tossed around constantly in the corporate world. But who is responsible for defining and managing risk? This answer is not black and white, as risk type and appetite will look different for every organization. What should be a universal practice is ensuring that all departments understand the enterprise’s risk types.
Quan (Cindy) Xianzhi, Master of Computer Science from Tsinghua University, Master of Laws from Chicago-Kent College of Law, and Doctor of Economic Law (on-the-job) at China University of Political Science and Law, has engaged in many community services, e.g. a former IP expert of the Supreme People's Court, Chairman of Asian region of INTA LRC Committee and AIPLA Global Networking Event, a part-time mentor of China University of Political Science and Law, and director of the Intellectual Property Committee of Beijing Chaoyang Lawyers Association. Quan was awarded the title of "Best IP Barrister of the Year" at the China Intellectual Property Forum. Proficient in Chinese, English and Japanese, she has also been recognized as one of the first batch of foreign-related lawyers by the Ministry of Justice.
This inaugural ranking highlights the achievements of the top capital markets lawyers across Asia, who have demonstrated an outstanding track record of work, while earning accolades from their colleagues, superiors, and clients.
A Methodology for Legal Transformation: Assessing, Aligning & Advancing Your Department
In a recent article in Harvard Business Review, researchers showed that 78% of transformations fail finding that “people are the catalysts of successful transformation.” To move beyond working in silos, incremental improvement, and isolated innovation - to achieve transformation – it’s important to have a structured process to engage leadership in setting objectives and guiding transformational change.
A conversation with Seong Soo Kim one of ALB Asia's Top 15 North Asia Litigators 2023
Even as the regional economy recovers from the pandemic, the risk of disputes remains a major concern with issues emerging from supply chain disruptions, digital transformation, evolving ESG considerations and other factors. Having the best litigators on your side is thus critical, and the ALB Top 15 North Asia Litigators ranking spotlights some of the leading practitioners in Hong Kong, Japan, and Korea.
A conversation with Youbum Kim one of ALB Asia's Top 15 North Asia Litigators 2023
Even as the regional economy recovers from the pandemic, the risk of disputes remains a major concern with issues emerging from supply chain disruptions, digital transformation, evolving ESG considerations and other factors. Having the best litigators on your side is thus critical, and the ALB Top 15 North Asia Litigators ranking spotlights some of the leading practitioners in Hong Kong, Japan, and Korea.
Cayman AML - key updates in the context of Cayman regulated funds
After a relatively quiet couple of years on the AML front, 2020 onwards saw a number of significant changes to the Cayman AML regime as well as pertinent industry reminders. The Anti-Money Laundering Regulations (2020 Revision) (as amended) (the AML Regulations), which replaced the 2018 Revision, apply to persons engaged in relevant financial business (as defined in the Proceeds of Crime Act (Revised)), which includes Cayman Islands regulated funds. Also in 2020, the Cayman Islands Monetary Authority (CIMA) published the updated Guidance Notes on the Prevention and Detection of Money Laundering, Terrorist Financing and Proliferation Financing in the Cayman Islands (as amended) (the Guidance Notes), replacing the 2017 version, as amended.
A conversation with Emir Nurmansyah
Emir Nurmansyah, a senior partner at Indonesia's ABNR Counsellors at Law and member of the firm’s management board, was recently named by ALB as one of the Asia Dealmakers of the Year for 2022. We find out more about his notable deal work in the past year, and also some of the recent trends and developments in Indonesia’s transactional space that clients should be mindful of.
Arbitration as a Tool for Financial Rehabilitation
Under Republic Act No. 10142, known as the Financial Rehabilitation and Insolvency Act of 2010 (“FRIA”), and the Financial Rehabilitation Rules of Procedure (A.M. No. 12-12-11-SC) (“FRIA Rules”), corporations undergoing financial rehabilitation are able to consolidate disputes pending before other courts and quasi-judicial offices to one court – the rehabilitation court. This is because of Section 17(e) (Effects of Commencement Order) of FRIA and Section 9(E), Rule 2 of the FRIA Rules allowing the consolidation of all legal proceedings by and against the debtor to the rehabilitation court.
Competitiveness of the Hong Kong Stock Exchange as IPO market
“Some people resign and return to their hometowns, while others rush to the examination field overnight”. This proverb from a 300-year-old Chinese poem perfectly illustrates the phenomenon of the Hong Kong stock market during the past few years.
How Thinking Outside Silos Helps Risk Management and Cyber Threat Response
The term “risk” gets tossed around constantly in the corporate world. But who is responsible for defining and managing risk? This answer is not black and white, as risk type and appetite will look different for every organization. What should be a universal practice is ensuring that all departments understand the enterprise’s risk types.
Commitment to Client-Oriented Services——Interview with Quan (Cindy) Xianzhi, Senior Partner at Long An Law Firm, 2022 ALB China Top 15 Female Lawyers Winner (ZH/EN)
Quan (Cindy) Xianzhi, Master of Computer Science from Tsinghua University, Master of Laws from Chicago-Kent College of Law, and Doctor of Economic Law (on-the-job) at China University of Political Science and Law, has engaged in many community services, e.g. a former IP expert of the Supreme People's Court, Chairman of Asian region of INTA LRC Committee and AIPLA Global Networking Event, a part-time mentor of China University of Political Science and Law, and director of the Intellectual Property Committee of Beijing Chaoyang Lawyers Association. Quan was awarded the title of "Best IP Barrister of the Year" at the China Intellectual Property Forum. Proficient in Chinese, English and Japanese, she has also been recognized as one of the first batch of foreign-related lawyers by the Ministry of Justice.
A conversation with Katsumasa Suzuki, one of ALB Asia Top 15 Capital Markets Lawyers 2022
This inaugural ranking highlights the achievements of the top capital markets lawyers across Asia, who have demonstrated an outstanding track record of work, while earning accolades from their colleagues, superiors, and clients.