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News & Analysis

HKD-RMB Dual Counter Model in Hong Kong’s stock market

17 July 2023 by LC Lawyers - Rossana Chu, Managing Partner

The Hong Kong Dollar (HKD)-Renminbi (RMB) Dual Counter Model was launched in the Hong Kong stock market on 19 June 2023. The first batch covers 24 companies which already have their shares listed on the Main Board of the Hong Kong Stock Exchange and traded in HKD.

News & Analysis

Anand and Anand ‘highly commended’ for its Luxury Law Practice

27 June 2023 by Anand and Anand - India

The firm has won Luxury law Firm Award twice earlier; only Indian firm to be so recognised

News & Analysis

Advised on MBK Partners’ KRW 2.5 Trillion Acquisition of Leading Global Dental Scanner Developer Medit Corporation from UCK Partners

25 May 2023 by Kim & Chang - South Korea

Kim & Chang, using separate teams, advised both the buyer, MBK Partners, and the sellers, UCK Partners (formerly known as Unison Capital Korea) and individual shareholders, in connection with the purchase and sale of Medit Corporation (the “Target Company”).

News & Analysis

Listing in Hong Kong of a World Bank catastrophe bond

21 April 2023 by LC Lawyers - Rossana Chu (Managing partner)

Hong Kong has taken another step in developing the city as a leading international risk management center. On 28 March 2023, a US$350 million World Bank catastrophe bond was listed on the Hong Kong Stock Exchange .

News & Analysis

DSK Legal shifts to new offices in Mumbai & Pune

12 April 2023 by DSK Legal - India

In line with its continuing growth, DSK Legal has shifted to larger offices in Mumbai and Pune. Equipped with the necessary amenities and state-of-the-art infrastructure, the new offices will provide a harmonious work environment for lawyers and clients.

News & Analysis

DSK Legal appoints 4 Partners and 3 Associate Partners

03 April 2023 by DSK Legal - India

DSK Legal has promoted Associate Partners Abhishek Singh Baghel, Jayesh Kothari, Mitali Naik and Nakul Batra as Partners; and Principal Associates Akanksha Tiwary, Prachi Garg and Prachi Gupta as Associate Partners.

News & Analysis

New Financial Sector Omnibus Law: Capital Market, Money Market, and Forex Market

27 March 2023 by Makarim & Taira S - Indonesia

Our dedicated series on the P2SK Law continues with our latest Advisory, which explores the changes brought by Chapter V, amending the Capital Market, Money Market, and Forex Market. Following the enactment of the P2SK Law, we can expect many new implementing regulations in the financial sector. Participants in the financial markets should anticipate compliance changes and prepare to quickly adapt to any necessary adjustments.

News & Analysis

Overview of Private Investment to Indonesia’s New Capital City: Ibu Kota Nusantara (IKN)

27 March 2023 by Makarim & Taira S - Indonesia

The Government of Indonesia moves forward the development of Indonesia’s new capital city, namely Ibu Kota Nusantara (“IKN”) by issuing several underlying regulations to date in effort to encourage the participation of private sector in accelerating the infrastructure development of the IKN. One of them being the groundworks to implement the public-private partnerships in such development. With a total cost estimate of more than IDR460 trillion (or approximately USD30 billion), the five-stages development of IKN is targeted to be 80% funded from non-State Budget and therefore can be expected to attract private investors participation in it. This advisory provides an overview of the funding schemes and private sector participation in the development of IKN.

News & Analysis

Personal Data Protection Law: Cross-Border Transfer Requirements

24 March 2023 by Makarim & Taira S - Indonesia

Following our previous Advisory on Indonesia’s long-awaited Law No. 27 of 2022 on Personal Data Protection (the “PDP Law”) (view the Advisory here), this Advisory focuses on the transfer of personal data from Indonesia to other countries (cross-border transfers). The PDP Law is binding on all parties that process or control personal data in or outside Indonesia with a legal impact in Indonesia or on Indonesian data subjects. Companies must comply with the PDP Law to protect the rights of data subjects during cross-border data transfers. Full compliance is required by October 17, 2024, with a two-year transitional period as of the law's enactment.

News & Analysis

New Financial Sector Omnibus Law: Financing Service Businesses

28 February 2023 by Makarim & Taira S - Indonesia

Continuing on from our first advisory on the P2SK Law, we delve deeper into its provisions with a specific focus on Chapter X, which covers finance services businesses. This chapter applies to a variety of entities involved in finance services, including those providing peer-to-peer lending services, and aligns with the P2SK Law's aim of promoting technological innovation in finance services while protecting consumers.