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News & Analysis

ESG Series – External reviews on sustainable bonds and loans

30 June 2022 by LC Lawyers

The principles on sustainable bonds (ICMA Bond Principles) formulated by the International Capital Market Association (ICMA) are widely applied in Hong Kong listed bonds, as discussed in our previous articles. External reviews play an important part in green, social and sustainability-lined bonds/loans, and the author will summarize the common types of external reviews here.

News & Analysis

ESG Series – International Capital Market Association: Principles on Sustainable Finance Instruments - Applications in Hong Kong listed bonds

29 June 2022 by LC Lawyers

As of 10 May 2022, the Hong Kong Stock Exchange included 94 bonds in its “Sustainable Finance Products” bond repository , out of which 79 issuances are categorized as green bonds. The other categories are 2 social, 1 sustainability, 3 sustainability-linked, 2 blue, 6 transition and 1 COVID-19 bonds.

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

Synergize GBA series: Cross-border data transfers in mainland China

27 June 2022 by LC Lawyers

In 2021, we have seen significant changes in the data protection regime in mainland China. Specifically, the Data Security Law (DSL) and the Personal Information Protection Law (PIPL) came into effect on 1 September 2021 and 1 November 2021 respectively.

News & Analysis

Amendments on The Establishment, Management, Supervision and Dissolution of State-Owned Enterprises

15 June 2022 by Makarim & Taira S - Indonesia

President Joko Widodo has signed Government Regulation No. 23 of 2022 (“GR No. 23/2022”) on Amendments to Government Regulation No. 45 of 2005 on The Establishment, Management, Supervision and Dissolution of State-Owned Enterprises. GR No. 23/2022 focuses on amending several provisions of GR No. 45/ 2005, particularly regarding senior officers and employees of State-Owned Enterprises (“BUMN”).

News & Analysis

Corporate/M&A Auspicious Journey: The Federal Court decides on minority shareholders rights

05 May 2022 by A case note by David Lim Wei Choon

The Federal Court (“FC”) in Auspicious Journey Sdn Bhd v Ebony Ritz Sdn Bhd1 has affirmed in its reasoning on whether the remedy in section 181 of the Companies Act 1965 (“CA 1965”) (now section 346 of the Companies Act 2016 (“CA 2016”)) in a case where an organ of a company is exercising its power in an oppressive manner to the minority that liability may be imposed onto parties other than the majority shareholders.

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

Knowledge capital: Speaking of Wolves and vultures!

04 February 2022 by DPS Parmar [Former Technical Member (Patents), erstwhile Intellectual Property Appellate Board Special Counsel, LexOrbis]

Knowledge capital of an entity dependents on the inventive activity every inventor they hire or have.

News & Analysis

Integrity is key: Hong Kong’s new Corporate Governance Code mandates that issuers establish anti-corruption and whistleblowing policies

04 January 2022 by LC Lawyers

In our earlier publication “COVID-19 heightened corruption risks – A Hong Kong guide” , we forewarned that COVID-19 and the challenges it posed to enforcement authorities, organizations and their workforce would allow corruption to thrive.