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News & Analysis

New Amendments to the Prosecutors’ Office Act and the Criminal Procedure Code

04 July 2022 by Jipyong - South Korea

The latest amendments to Korea’s Criminal Procedure Code (the “CPC”) and the Prosecutors’ Office Act (the “POA”), intended (among others) to limit the prosecution’s power to conduct investigations directly, was passed by the National Assembly on May 9, 2022 and is scheduled to come into effect on September 10, 2022. Some of the key amendments, as well as the answers to some frequently asked questions (FAQ) on such amendments, are provided below.

News & Analysis

Anticipated Changes in Fair Trade Policies under the Suk-yeol Yoon Presidency

15 June 2022 by Jipyong - South Korea

The inauguration of Mr. Suk-yeol Yoon as the twentieth president of the Republic of Korea took place on May 10, resulting in a shift in governing party from the Democratic Party to the People Power Party. It is anticipated that this political shift will bring about changes in various public policies.

News & Analysis

The Dawn of Merger Control in Malaysia (MyCC’s Proposals to Amend the Competition Act 2010)

30 May 2022 by Shearn Delamore & Co

As indicated in numerous press statements1 issued by the Malaysia Competition Commission (“MyCC”) in recent years, MyCC is undertaking an exercise to amend the Competition Act 2010 (“CA 2010”), most notably to introduce a general merger control regime in Malaysia and to enhance its powers under the CA 2010.

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

VILAF Promotes New Partner, Counsel, and Senior Associates

21 February 2022 by VILAF - Vietnam

VILAF is pleased to announce the promotion of Counsel Lam Nguyen to Partner and Senior Associate Hoang Duong to Counsel.

News & Analysis

SSEK Welcomes New Partners Mahareksha Dillon and Nico Mooduto

10 January 2022 by SSEK Legal Consultants

SSEK Indonesian Legal Consultants is pleased to announce Mahareksha S. Dillon and Nico Mooduto as the firm’s newest partners, effective January 1, 2022.

News & Analysis

Court Ruling as to the Issue of Internal Control in the Korean Financial Sector

24 September 2021 by Soonghee Lee, Jeongsu Park

In Korea, investors and selling financial companies are in a difficult situation due to the postponement of redemptions of private equity funds from the second half of 2019.

News & Analysis

Malaysia: Time and Costs Issues in The Construction Industry Arising from The Movement Control Order

06 August 2021 by Shearn Delamore & Co

In view of the COVID-19, the Malaysian government implemented the Movement Control Order (“MCO”) effective throughout Malaysia from 18 March 2020 to 31 March 20201.

News & Analysis

Malaysia: Demarcating the Bank’s Duty In Investment Scams

21 April 2021 by Shearn Delamore & Co, Yee Mei Ken, Mattheus Goon Kin Zhi

Scams are common these days. Hence, the regulatory bodies, financial institutions and news media often warn the public to exercise due diligence before making any investments with promises of high-profit returns.

News & Analysis

Outstanding firm for Client Service Excellence: Q&A with Yuen Law, Singapore

12 April 2021 by Samuel Yuen

Yuen Law shares the firm's success at delivering client service excellence with asialaw