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News & Analysis

Facing the Future: Chinese Regulators Grapple with Facial Recognition Technology

05 September 2023 by AnJie Broad Law Firm : Samuel YANG, Chris FUNG, CHEN Sizhuo

Facial recognition technology (“FRT”), an innovation that has garnered both praise and concern, has become increasingly prevalent in our daily lives, from unlocking smartphones to clocking in at work.

News & Analysis

Voluntary Carbon Market – A New Genre of Cross Border Disputes?

04 September 2023 by Jipyong - South Korea

Voluntary carbon market (“VCM”) is a truly unique marketplace where private actors buy and sell carbon credits to remove or reduce greenhouse gases (GHG) in the atmosphere.

News & Analysis

PRC Court Pierced the Veil of Co-insurance and Found Reinsurance Relationship Established Between the Insurers

31 August 2023 by AnJie Broad Law Firm : Jia WAN

In a recent case published by Beijing Financial Court (the “BFC”), which was represented by AnJie Broad and classified as one of the typical financial cases for the year of 2022, the BFC pierced the veil of “co-insurance”, and confirmed that reinsurance legal relationship was established between two insurers.

News & Analysis

Highlights of the FY2023 Tax Law Amendment Proposals

29 August 2023 by Lee & Ko - South Korea

The Korean Ministry of Economy and Finance (MOEF) confirmed and announced the FY2023 tax law amendment proposals on July 27, 2023 (Proposals).

News & Analysis

Does the Ongoing SAMR Merger Review Stop Enforcement of the Arbitral Awards?

15 August 2023 by AnJie Broad Law Firm : Hao ZHAN, Ying SONG, Wesley WANG

A recent ruling rendered by Beijing Higher People’s Court of China, on granting the enforcement of the arbitral awards, has attracted much attention and discussion of the competition law circle.

News & Analysis

Recent Trends in Criminal Antitrust Investigations in Korea

08 August 2023 by Jipyong - South Korea

Recently, there has been an increasing number of cases where the Prosecutor’s Office (“PO”) initiated investigations on antitrust matters traditionally taken up by the Korea Fair Trade Commission (the “KFTC”), such as violations of the Monopoly Regulation and Fair Trade Act (the “MRFTA”) and bid rigging.

News & Analysis

BSP amends rules on mandatory development financing

04 August 2023 by SyCip Salazar Hernandez & Gatmaitan - Philippines

On June 9, 2023, the Monetary Board of the Bangko Sentral ng Pilipinas ("BSP") issued Circular No. 1174, amending the implementing regulations of the mandatory agricultural, fisheries and rural development financing contemplated by the Agriculture, Fisheries and Rural Development Financing Enhancement Act (Republic Act No. 11901 or the "Agri-Agra Reform Credit Act").

News & Analysis

The Future of the Food Industry: Food Tech

27 July 2023 by Lee & Ko

With significant development in dietary supplements and alternative food industry in recent years, Korean government announced alternative food (e.g., plant-based meet, cultured meat, insect based meat, etc.), dietary supplement and medical food (i.e., specially formulated food for patients with certain symptoms or nutritional needs) as industry sectors for future development.

News & Analysis

Strengthening Regulation of Unfair Trading through Amendment of FISCMA

24 July 2023 by Lee & Ko - South Korea

A proposal for partial amendment (Amendment) to the Financial Investment Services and Capital Markets Act (FISCMA) for the purpose of strengthening the regulation of unfair trading passed the plenary session of the National Assembly of Korea on June 30, 2023 and was promulgated on July 18, 2023.

News & Analysis

IndusLaw bolsters it's infrastructure & energy practice

17 July 2023 by IndusLaw

INDUSLAW is pleased to announce the addition of Shashwat Kumar, who has joined our Delhi & NCR office in the Infrastructure & Energy practice.