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News & Analysis

PDP Law Implementing Regulation Forthcoming, But Data Breach Fines Still Unclear

01 April 2024 by Makarim & Taira S

After multiple data breaches plagued Indonesia in 2023 and more than a year having elapsed since the enactment of Law No. 27 of 2022 on Personal Data Protection Law (“PDP Law”), the government is now preparing to release the law’s first implementing regulation, which will elaborate on fines for data leaks, but the specifics still remain uncertain.

News & Analysis

From Nykaa to Cycle, Titan to Abbott, Anand and Anand secures well-known status for 11 marks

28 March 2024 by Anand and Anand

In an unprecedented feat, Anand and Anand secured well-known status for 11 marks belonging to various leading Indian and international companies – on the same day.

News & Analysis

New Guidance for Initial Evidence Examination for Taxation Crime

27 March 2024 by ABNR - Indonesia

On 19 January 2024, the Indonesian Directorate General of Taxes (“DGT”) issued a Circular Letter of the Directorate General of Taxes No. SE-1/PJ/2024 (“SE No. 1/2024”) as an implementation to the enactment of Minister of Finance of the Republic of Indonesia Regulation No. 177/PMK.03/2022 concerning Procedures for Examining Initial Evidence of Criminal Acts in the Tax Sector which has been effective starting from 3 February 2023 (“PMK No. 177/2022”). PMK No. 177/2022 stipulates several updates which are reflected in SE No. 1/2024 including among other provisions related to (a) the time limit for submitting the initial evidence examination report which must be submitted no later than 1 (one) month before the examination period ends and (b) limitation on the extension period for the initial evidence examination into 12 (twelve) months. In general, SE No. 1/2024 establishes internal technical guidelines for DGT in conducting examinations of evidence of the initiation of tax crimes. This publication aims to provide a preliminary overview concerning the initial evidence examination for taxation crime under SE No. 1/2024.

News & Analysis

Shardul Amarchand Mangaldas advises HDFC Bank Limited on the term loan facility provided to Moon Beverages Limited

21 March 2024 by Shardul Amarchand Mangaldas & Co

Shardul Amarchand Mangaldas advises HDFC Bank Limited on the term loan facility provided to Moon Beverages Limited

News & Analysis

Division of an Application as a Tool to Enhance Private Value of a Patent

18 March 2024 by DPS Parmar (Special Counsel)

Division of an Application as a Tool to Enhance Private Value of a Patent

News & Analysis

Makarim & Taira S. Appoints Reagan Roy as Newest Partner

15 March 2024 by Makarim & Taira S

Makarim & Taira S., a leading law firm known for its commitment to nurturing top legal talent, proudly announces the appointment of Reagan Roy as its newest Partner.

News & Analysis

GLO advises China Construction Bank on the first green bond issuance under the common taxonomy for sustainable finance between China and the EU

11 March 2024 by Global Law Office

GLO advises China Construction Bank on the first green bond issuance under the common taxonomy for sustainable finance between China and the EU

News & Analysis

RS Helikopter GmbH AnJie Broad assisted Rode Helicopter in its wholly-owned acquisition of a German coaxial twin-rotor helicopter R&D and manufacturing enterprise RS Helikopter GmbH

08 January 2024 by AnJie Broad Law Firm

RS Helikopter GmbH AnJie Broad assisted Rode Helicopter in its wholly-owned acquisition of a German coaxial twin-rotor helicopter R&D and manufacturing enterprise RS Helikopter GmbH

News & Analysis

First Insights into China’s New Corporate Landscape

05 January 2024 by Ray SHI, Claire XU

Barely a week ago on December 29, 2023, China’s legislative body passed and President Xi Jinping signed into law the newly revised Company Law, effective from July 1, 2024 (the “New Law”).

News & Analysis

Anatomy of Licensing Deals from China Regulatory Perspective

04 January 2024 by Aaron GU, Pengfei YOU, Duzhiyun ZHENG, Yuzhen ZHANG, Fengqi YU

Driven by the passion and belief, and fraught with various risks and challenges, the research and development of innovative drugs and medical devices is a journey that’s never easy.