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Developing data protection laws in Singapore and South East Asia
Singapore's Personal Data Protection Bill ("Bill") has, following its second and third reading in Parliament on 15 October 2012, been passed in an …
KLRCA's new i-Arbitration Rules: a new option for Islamic finance parties
The Kuala Lumpur Regional Centre for Arbitration (KLRCA) recently launched an adapted set of its Arbitration Rules for Islamic arbitration at the 2012 …
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. …
Amended Civil Procedure Law is good news for arbitrations in mainland China
An amended Civil Procedure Law of the People’s Republic of China (the “CPL“) (中华人民共和国民事诉讼法)comes into force on 1 January 2013 and introduces some …
Sovereignty over islands and consequences for maritime boundaries: the dispute over Senkaku/Diaoyu/Diaoyutai Islands
The last few weeks have seen anti-Japanese protests in almost a dozen Chinese cities. Demonstrators took to the streets apparently in response to …
China-Taiwan Bilateral Investment Protection Agreement: dispute resolution mechanisms exclude international arbitration
On 9 August 2012, after two years of negotiation, Mainland Chinese and Taiwanese negotiators signed the Cross-strait Bilateral Investment Protection and …
MOFCOM declaring the use of VIE (variable interest entity) structure in the internet sector illegal?
On 13 August 2012, MOFCOM approved Walmart's acquisition of a controlling interest in an online supermarket business in China subject to conditions. What …
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 …
Hong Kong Court of Appeal confirms principle of indemnity costs in unsuccessful set aside application
The Hong Kong Court of Appeal has awarded costs on an indemnity basis against a party that made an unsuccessful application to set aside an arbitral …
Alert: US imposes sanctions on PRC financial institutions/enacts new sanctions against Iran
On July 30, 2012, the US imposed sanctions on a PRC financial institution, Bank of Kunlun, for violating US sanctions against Iran. The sanctions …
CIETAC declares CIETAC Shanghai and Shenzhen no longer CIETAC Beijing sub-commissions
After three months, and significant speculation, CIETAC Beijing has made an official announcement addressing the decision by its Shanghai and South China …
Privy Council rules on the liability of State-owned corporations for debts of the State
On 17 July 2012, the Privy Council gave judgment in a case brought by FG Hemisphere, a Delaware corporation, against La Générale des Carrières et des …
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