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News & Analysis

What trends can be observed as China cracks down on corruption?

26 July 2017 by Asia law

This year marks the fifth year of President Xi’s anti-corruption campaign, but China is moving only slowly up the ranks of the least corrupt jurisdictions globally. Transparency International had it at 79 on its corruption perception index in 2016, compared to 83 the year before. At the same time, proposals to amend the anti-unfair competition law, a social credit system and a national supervisory commission that is expected be in place by March 2018 shows a clear message from the Chinese government: Big Brother is watching and investigations into suspected corruption will only intensify, so businesses operating in China should ready themselves for legal consequences if their anti-corruption policies are weak.

News & Analysis

China launches reporting framework against tax evasion

05 July 2017 by Asia law

The Common Reporting Standard (CRS) has become effective in China, a sign that the country is taking a full part in the OECD’s initiatives on the automatic exchange of information (AEOI). Soon the tax authorities there will have access to detailed information about the assets held overseas by Chinese taxpayers.

News & Analysis

India changes banking regulations to target non-performing loans

19 June 2017 by Asia law

India’s government has announced a change to the Banking Regulation Act to allow the Reserve Bank of India (RBI) to give directions to banks to launch bankruptcy proceedings against defaulters.

News & Analysis

Third-party funding in arbitration now permitted in Hong Kong

15 June 2017 by Asia law

Like it or not, arbitration can be expensive. Third-party funding arrangements offer a possible solution.

News & Analysis

Partner moves and firm updates for the week of June 5

05 June 2017 by Asia law

Latest moves and updates from Hong Kong, Singapore, China and more

News & Analysis

Partner moves and firm updates of the week of May 8

09 May 2017 by Asia law

Latest partner moves and firm updates from Singapore, India, Hong Kong and Australia

News & Analysis

Moves and updates of the week for April 18

19 April 2017 by Asia law

Australian and Indian firms have made new appointments.

News & Analysis

India forges ahead with GST Bills, aiming to hit July 1 deadline

07 April 2017 by Asia law

With the multiple goals of creating uniformity and simplicity while reducing administrative costs in the tax system, India’s goods and service tax is on track to be implemented on July 1

News & Analysis

A brief introduction to dispute resolution in China

06 April 2017 by Asia law

Jiangtao Ma and John Zou, of Dentons, give readers, especially Chinese companies, a brief understanding of the dispute resolution system in China, particularly if they do business with foreign investors

News & Analysis

Developments in commercial litigation in Singapore

05 April 2017 by Eddee Ng

A high-profile case in the art world has spawned much interest in the circumstances under which a Mareva injunction is granted. This case has also drawn attention to how the newly-constituted Singapore International Commercial Court (SICC) may impact upon the issue of whether Singapore is the appropriate forum in matters where there are significant foreign elements, reports Eddee Ng of TKQP