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  • 【ベトナム】 Vietnam's Decision No. 38 Offers Regulatory Relief from Standard Contracts and General Trading Conditions Requirements for Onshore Banks; No Reprieve for Life Insurers pdficon_small.png

    Recent developments
    Vietnam previously imposed a registration requirement for "standard contracts and general trading conditions" of certain services offered by both onshore banks and life insurers through Decision No. 351 in relation to the Law on Consumer Protection.

    アジア・オセアニア|ベトナム|2018年10月23日

  • 【ジャカルタ】BKPM and some sectoral ministries have issued regulations to conform with the OSS system pdficon_small.png

    This is our fifth update of the OSS system. The previous updates can be found in our website here.
    Update
    In our previous update, we mentioned that Indonesian agencies (including the Capital Investment Coordinating Board ("BKPM")) need to issue technical guidance on using the OSS system, and amend their existing regulations/decrees etc. to conform with the OSS regulation. Now BKPM and some (not yet all) Indonesian sectoral ministries have issued their sectoral regulations. The following are some of the regulations issued:

    アジア・オセアニア|インドネシア|2018年09月19日

  • 【マレーシア】予定される売上・サービス税(以下「SST」)の導入の枠組み pdficon_small.png

    2018年7月16日、財務大臣は、2018年9月1日からSSTを導入すると発表しました。この発表後、マレーシア関税局(以下「関税局」)は、2018年7月19日にSST税制の実施枠組みに関する以下の詳細を公表しました。

    (a) 予定される売上税の導入モデル
    (b) よくある質問(FAQ) - 2018年売上税
    (c) 予定されるサービス税の導入モデル
    (d) よくある質問(FAQ) - 2018年サービス税

    アジア・オセアニア|マレーシア|2018年08月21日

  • 【中国】China to Amend Its Individual Income Tax Law pdficon_small.png

    On 19 June 2018, the Standing Committee of the National People's Congress (NPC) deliberated on a new draft bill to amend the Individual Income Tax Law. The public comment period for the draft bill will be open until 28 July 2018. Once adopted, the draft bill is expected to take effect from 1 January 2019.

    アジア・オセアニア|中国|2018年07月31日

  • 【ベトナム】Customs control changes under recent government decrees pdficon_small.png

    The Government recently introduced a number of changes to customs control procedures under Decree 59/2018/ND-CP ("Decree No. 59") and Decree 69/2018/ND-CP ("Decree No. 69"). We highlight some notable amendments in accordance with these decrees below.

    アジア・オセアニア|ベトナム|2018年07月02日

  • 【マレーシア】Reduction of GST rate from 6% to 0% effective from 1 June 2018 pdficon_small.png

    Announcement by the Malaysian Ministry of Finance ("MOF")

    In line with the new Malaysian Government's pledge to abolish the GST regime within 100 days of coming into power, the MOF has issued a statement dated 16 May 2018 to reduce the current GST rate from 6% to 0%, effective from 1 June 2018 onwards ("MOF Statement").

    アジア・オセアニア|マレーシア|2018年06月07日

  • 【シンガポール】雇用と移民に関わる最新情報 pdficon_small.png

    シンガポールにおける雇用環境は近年著しく変化しており、雇用主にとっては困難となり得る状況が到来したともいえます。シンガポール政府は、既存の法体制に対する更なる変更やいくつかの新しい取り組みの導入を計画しており、この近年の動向はしばらく続くものと思われます。これらの変更は広範囲に渡っています。雇用主が注視すべき主要な進展について、以下でご説明いたします。

    アジア・オセアニア|シンガポール|2018年05月15日

  • 【香港】Fund Managers: Are you prepared for Hong Kong’s new fund management regulations? pdficon_small.png

    Introduction
    The Securities and Futures Commission ("SFC") published its Consultation Conclusions on Proposals to Enhance Asset Management Regulation and Point-of-sale Transparency and Further Consultation on Proposed Disclosure Requirements Applicable to Discretionary Accounts ("Conclusions") in November last year, which adopted important proposals to strengthen Hong Kong’s fund manager supervisory regime. The amended Fund Manager Code of Conduct ("FMCC") will come into effect on 17 November 2018. Fund managers should carefully consider how these changes will impact the way they operate their businesses, and how they interact with clients, investors, and third party service providers, and implement the necessary measures now to ensure compliance by November 2018.

    アジア・オセアニア|香港|2018年04月26日

  • 【中国】China’s new era of graft-busting promises a tougher regime ahead pdficon_small.png

    On 20 March 2018, China's National People's Congress ("NPC") passed the Supervision Law detailing the powers and responsibilities of the National Supervision Commission (the "New Commission"). The New Commission is China's highest anti-graft agency and was established at the first session of the 13th NPC.

    アジア・オセアニア|中国|2018年04月12日

  • 【ベトナム】Updates to the Draft Cybersecurity Law: More definitions provided, but certain requirements on service providers still remain pdficon_small.png

    The latest draft of the Law on Cybersecurity ("Draft Law"), submitted on 10 January 2018 for discussion at the 20th meeting of the Standing Committee of the National Assembly, among other things, provides more clarity on certain key terms and circumstances that trigger regulation of an offshore service provider.

    アジア・オセアニア|ベトナム|2018年03月29日

  • 【マレーシア】Case Law Update: Malaysian Court of Appeal upholds Re Pianotist Objective Test of Confusing Similarity in Trade Marks pdficon_small.png

    The recent Court of Appeal decision of Merck Kgaa v. Leno Marketing (M) Sdn Bhd; Registrar Of Trade Marks (Interested Party) [2017] 1 LNS 1006 considered the registrability of similar trade marks under the Trade Mark Act 1976 ("TMA") and upheld the Re Pianotist test of confusing similarity, which is an objective test premised on the observations of an ordinary person. The Court of Appeal also noted the consistent decisions of the Trademark Registrar and High Court, both of whom can constitute 'ordinary persons' in the objective Re Pianotist test.

    アジア・オセアニア|マレーシア|2018年03月13日

  • 【ジャカルタ】Introducing Data Categorization and Leniency for Electronic System Operators Providing Public Services pdficon_small.png

    Background
    The Government (through the Ministry of Communication and Informatics ("MOCI")) has issued a draft amendment to Government Regulation No. 82 of 2012 ("GR 82") on the Implementation of Electronic Systems and Transactions ("Draft Amendment") for public comment and feedback. GR 82 is an implementing regulation of Law No. 11 of 2008 as amended by Law No. 19 of 2016 on Electronic Information and Transactions ("EIT Law").

    アジア・オセアニア|インドネシア|2018年03月01日

  • 【シンガポール】Singapore's new Cybersecurity Act – a relief and leading the way for others? pdficon_small.png

    Introduction
    On 5 February 2018, the Cybersecurity Bill was passed by Parliament. A draft version of this bill ("Draft Bill") had previously been issued for public consultation by the Ministry of Communications and Information ("MCI") and the Cyber Security Agency of Singapore ("CSA") on 10 July 2017. The Draft Bill was subsequently revised to take into account feedback gathered during this consultation exercise. For an overview of the key requirements of the Draft Bill, please refer to our earlier update. This update focuses on the amendments that have since found their way into the Cybersecurity Act as passed by Parliament.

    アジア・オセアニア|シンガポール|2018年02月19日

  • 【中国】Latest Progress of China’s Formulation of Standards for Intelligent and Connected Vehicles pdficon_small.png

    On 29 December 2017, the Ministry of Industry and Information Technology(“MIIT”) and the Standardization Administration of China (“SAC”) jointlyissued the National Guidelines for Developing the Standards System of theTelematics Industry (Intelligent and Connected Vehicles) (国家车联网产业标准体系建设指南 (智能网联汽车), the “ICV Guidelines”).

    アジア・オセアニア|中国|2018年02月08日

  • 【ベトナム】New Decree on Trading Rights/Distribution Rights, and Trade-related Activities pdficon_small.png

    Issued and effective on 15 January 2018, Decree No. 09/2018/ND-CP ("Decree No. 09") superseded Decree No. 23/2007/ND-CP detailing the Commercial Law on international goods sale and purchase and related activities of foreign invested enterprises ("Decree No. 23").
    Decree No. 09 continues to maintain administrative burdens on foreigninvested enterprises when operating in the international trade in goods and trade-related activities, but does provide clarity on business license requirements, regulatory time frame and relevant authorities.
    There are a number of salient amendments as follows:

    アジア・オセアニア|ベトナム|2018年02月02日

  • 【マレーシア】ヘルスケア・ニュースレター pdficon_small.png

    序文
    マレーシアにおけるヘルスケア業界の最新情報をお届けします。 今回は、薬事法案(Pharmacy Bill)、2017年食品(改正)規則(No. 4)、民間高齢者ヘルスケア施設・サービス法案、および2012年医療機器法に基づく非矯正コンタクトレンズに係る新規則を取り上げながら、業界の重要な出来事について概説します。

    アジア・オセアニア|マレーシア|2018年01月25日

  • 【香港】Codification of Transfer Pricing Rules into Hong Kong Tax Law pdficon_small.png

    Summary
    On 29 December 2017, the Hong Kong Government gazetted the Inland Revenue (Amendment) (No.6) Bill 2017 ("Bill"), proposing the codification of transfer pricing principles into law.

    アジア・オセアニア|香港|2018年01月15日

  • 【シンガポール】The Proposed Payment Services Bill and How It Might Affect You pdficon_small.png

    Background
    On 21 November 2017, the Monetary Authority of Singapore ("MAS") issued a consultation paper on the Proposed Payment Services Bill ("Consultation Paper"). This follows the consultation paper issued by the MAS on 25 August 2016 regarding the Proposed Activity-based Payments Framework and Establishment of a National Payments Council, which proposed an activity-based regulatory framework to regulate entities operating within the payments ecosystem. Details of the Consultation Paper can be accessed from our client alert here.

    アジア・オセアニア|シンガポール|2018年01月10日

  • 【シンガポール】人材省が雇用許可書の申請時に雇用主の採用慣行に関する情報を要求するようになりました pdficon_small.png

    人材省(Ministry of Manpower)は雇用許可書(「EP」)のオンライン申請の申請書に質問を追加、雇用主の採用慣行に関する情報の開示を求めています。
    EPオンライン申請書が変更され、雇用主がシンガポール人又はシンガポール永住者を雇用する努力をしているかを確認するため、新たな質問が追加されました。追加された質問は、本書の末尾に記載されています。

    アジア・オセアニア|シンガポール|2017年12月19日

  • 【ジャカルタ】Updates on The Halal Law: Wait & See pdficon_small.png

    In 2014 the Indonesian government issued Law No. 33 of 2014 on Halal Product Assurance (“Halal Law”). The Halal Law requires all “products” that are imported, distributed and traded within the Indonesian territory to be halal certified (“Halal Certification Requirement”). The Halal Certification Requirement will only come into effect 5 years after the Halal Law is enacted (ie, 17 October 2019). Prior to that date, halal certification will be complied with by business actors on a ‘voluntary’ basis.

    アジア・オセアニア|インドネシア|2017年12月06日

 

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