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News & Analysis

JIPYONG’s 2022 Year in Review

03 January 2023 by Jipyong - South Korea

As the year draws to a close, JIPYONG’s various practice groups look back at their achievements for the year 2022 and offer their insights for the coming year.

News & Analysis

New Law Strengthens Regulatory Landscape for Financial Sector

20 December 2022 by Freddy Karyadi

In its aim to attract more investors, the Indonesian government has been reforming many laws and regulations since 2020. The wide-ranging Omnibus Law, which amends approximately 78 laws and regulations, was presented in 2020, the Tax Harmonization Law in 2021.

News & Analysis

KFTC Proposes Revisions to Merger Review Guidelines and Merger Filing Guidelines

14 December 2022 by Lee & Ko - South Korea

The Korea Fair Trade Commission (“KFTC”) proposed revisions to the Merger Review Guidelines and the Merger Filing Guidelines to facilitate merger reviews of certain investments and to expedite their review process.

News & Analysis

Hanwha Energy Raises AUD 150 million to Expand its Renewable Energy Business in Australia

08 December 2022 by Kim & Chang - South Korea

The restructuring of Hanwha Energy Corporation’s (“HEC”) investments in the Gregadoo and Jindera solar farms in Australia (the “Assets”), which involved the transfer of the Assets from Hanwha Energy Singapore (“HES”) to Hanwha Energy Australia (“HEA”) in consideration of HES’s subscription of shares in HEA (hereby referred to as the “First Transaction”).

News & Analysis

Han Kun Releases 2021 Fund Practice Data Analysis Report: PE fund market rebounded. Smart hardware and biomedicine retained the crown

02 December 2022 by Han Kun Law Offices - China

In 2021, markets appeared to reach a new equilibrium following the widespread rampage wrought by Covid-19 the year before, as many economies gradually adjusted to the “new normal” and business activities saw a sharp rebound.

News & Analysis

Indonesia’s Competition Authority Takes SME Partnership Supervision to a New Level

11 November 2022 by Makarim & Taira S - Indonesia

The year 2022 marks a historic era for Indonesia’s Business Competition Authority (“KPPU”) as it is the year KPPU ruling on Partnerships involving Small Medium Enterprises (“SME”)’s passed. While stakeholders find it undisputed that SME Partnerships are distinct from competition matters, the prevailing laws and regulations provide that the supervision of SME Partnerships is borne by KPPU. Now that KPPU is actively enforcing that authority, business actors need be aware of and observe this issue moving forward.

News & Analysis

Korea Includes Nuclear Power in the Revised K-Taxonomy

07 November 2022 by Jipyong - South Korea

With the looming energy crisis in Europe reviving nuclear power plants globally , new light has been shed on the role of nuclear power in pursuit of achieving carbon neutrality by 2050.

News & Analysis

Manufacturer and Distributor Provisions based on GR No.29/2021 and MOT Regulation No.24/2021

14 October 2022 by Melli Darsa & Co - Indonesia

Last year, the Minister of Trade (“MOT”) issued the MOT Regulation No. 24 of 2021 (“MOT Regulation 24/2021”) on Agreements for Distribution of Goods by Distributors or Agents, which revokes and replaces the MOT Regulation No. 11/M-DAG/PER/3/2006 (“MOT Regulation 11/2006”). MOT Regulation 24/2021 was issued as an implementing regulation of Government Regulation No. 29 of 2021 on Implementation of the Trade Sector (“GR 29/2021”).

News & Analysis

The Implementation of the Presidential Regulation on Renewable Energy: The Beginning of the Transition from Coal Fired Power Plants to Renewable Energy Power Plants

09 October 2022 by Makarim & Taira S - Indonesia

President Joko Widodo has just issued Presidential Regulation No. 112 of 2022 on the Acceleration of Renewable Energy Development for the Supply of Power which came into effect on 13 September 2022. The PR on Renewable Energy introduces key major provisions which may significantly affect the electric power industry, especially with the phasing out of coal-fired power plants, and urges prioritizing the development of renewable energy power plants. These advisory highlights the key provisions.

News & Analysis

Helmsman LLC welcomes Una Khng onboard to head its Commercial Disputes Practice Group in Asia Pacific and Greater China

05 October 2022 by Helmsman

Helmsman LLC, one of Singapore’s leading law firms, has appointed Ms. Una Khng as Director and Head of its Commercial Disputes Practice Group.