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News & Analysis

Financial Regulation Innovation: Policy Direction of FSC

16 August 2022 by Lee & Ko - South Korea

Lee & Ko’s Digital Finance Team takes a close look at the establishment of the Financial Regulation Innovation Council, the direction of the financial regulation innovation announced by the Financial Services Commission, and the points to consider in relation to future improvements to financial regulations.

News & Analysis

New Administration Displays Its Strong Will to Promote Digital Health

15 August 2022 by Lee & Ko - South Korea

Further to the 110 national initiatives for the new administration announced on May 3, 2022 (see our newsletter dated May 10, 2022), the government released a more detailed plan to promote digital health on July 27, 2022 (the Plan). The Plan was jointly prepared by the Ministry of Health and Welfare, the Ministry of Economy and Finance, the Ministry of Science and ICT, the Ministry of Trade, Industry and Energy, and the Ministry of Food and Safety.

News & Analysis

Regulation on The Taxation of Financial Technology Implementation Services

13 July 2022 by Makarim & Taira S - Indonesia

In order to provide clarity regarding the tax obligations of financial technology providers and users in Indonesia, Indonesia’s Minister of Finance (“MOF”) issued MOF Regulation No. 69/PMK.03/2022 on the Income Tax and Value Added Tax on the Organization of Financial Technology (“MOF Reg 69/2022”) on 30 March 2022, which came into force on 1 May 2022. This regulation mainly covers Income Tax on Peer-to-Peer and Value Added Tax on financial technology service transactions.

News & Analysis

ESG Series – International Capital Market Association: Principles on Sustainable Finance Instruments

28 June 2022 by LC Lawyers

Green, social and sustainability-linked bonds listed on the Hong Kong Stock Exchange adopt principles formulated by the International Capital Market Association (ICMA). This article introduces the core elements in those principles.

News & Analysis

The New Administration’s Policy Outlook for Healthcare/Life Sciences

10 May 2022 by Lee & Ko - South Korea

With the inauguration of Yoon Seok-yeol as the 20th president of Korea scheduled to take place on May 10, 2022, the Presidential Transition Committee (the Committee) announced 110 national initiatives for the new administration (the Initiatives) on May 3, 2022.

News & Analysis

New President-Elect’s Labor Policy Outlook

21 March 2022 by Lee & Ko - South Korea

We summarized some of the key policy proposals of the president-elect in regards to the employment and labor laws of Korea.

News & Analysis

Boosting Infrastructure - Budget 2022-23

09 February 2022 by Shalini Munjal - Co-Managing Partner, Legacy Law Offices, India

It would be apt to term the Budget, 2022-23 presented by the Hon’ble Finance Minister as “Atmanirbhar Bharat- Revisited”.

News & Analysis

ESG Series – Carbon credits and carbon trading

04 November 2021 by LC Lawyers

Climate change has been impacting our daily lives notably in the last few years as we are witnessing extreme weather conditions such as heavy rain, floods, and heatwaves at a global scale.

News & Analysis

An employee or an independent contractor?

27 August 2021 by LC Lawyers

The COVID-19 pandemic present challenges on important people issues and has drastically changed many workplace aspects. Businesses have responded by restructuring its workforce to save costs and remain agile.

News & Analysis

Malaysia: What constitute good reasons for an order to sell a vessel pendente lite?

16 June 2021 by Rajasingam Gothandapani, Shearn Delamore & Co

This article examines the basis for an order for a sale pendente lite of a vessel that was arrested by a sheriff in in rem admiralty proceedings as security for the plaintiff's claim.