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News & Analysis

Sheriff’s Expenses — The Requirement to Obtain Prior Sanction of the Court or the Sheriff

04 August 2022 by Shearn Delamore & Co - Rajasingam Gothandapani, Lynnette Tan Hui Ling

A case note by Rajasingam Gothandapani and Lynnette Tan Hui Ling.

News & Analysis

Update on the Registration Obligation of Private Electronic System Organizers

28 July 2022 by Makarim & Taira S - Indonesia

Under Government Regulation 71 of 2019 on the Implementation of Electronic Systems and Transactions, Electronic System Organizers (“ESO”) are required to be registered with the Ministry of Communication and Informatics (“MOCI”). In addition, under MOCI Regulation 5 of 2020 (as amended by MOCI Regulation 10 of 2021), this registration obligation must be complied with within 6 months of OSS-RBA licensing coming into effect.

News & Analysis

Regulation on The Taxation of Financial Technology Implementation Services

13 July 2022 by Makarim & Taira S - Indonesia

In order to provide clarity regarding the tax obligations of financial technology providers and users in Indonesia, Indonesia’s Minister of Finance (“MOF”) issued MOF Regulation No. 69/PMK.03/2022 on the Income Tax and Value Added Tax on the Organization of Financial Technology (“MOF Reg 69/2022”) on 30 March 2022, which came into force on 1 May 2022. This regulation mainly covers Income Tax on Peer-to-Peer and Value Added Tax on financial technology service transactions.

News & Analysis

Opposition Proceedings under the Patents (Amendment) Act 2022

11 July 2022 by Shearn Delamore & Co

In this article, Pravind Chandra looks at the new section 55A of the Patents (Amendment) Act 2022.

News & Analysis

Re Scomi Group Bhd: Judicial Management Not Available for Public Listed Companies?

23 June 2022 by Shearn Delamore & Co

In this article, Douglas Goh Peng Fong discusses whether a public listed company can apply for a judicial management order under Subdivision 2 of Division 8 (Corporate Rescue Mechanism) of Part III of the Companies Act 2016 (“CA”).

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

DTR Automotive Corporation’s Purchase of Stake in Doosan Machine Tools from MBK Partners

12 June 2022 by Kim & Chang - South Korea

In this transaction, MBK Partners successfully exited from its investment in Doosan Machine Tools, while DTR Automotive Corporation was able to diversify its business via its acquisition of the company.

News & Analysis

Defamation: When a drama is just a drama

06 June 2022 by Shearn Delamore & Co

It is common for fictional works to contain stylistic and creative choices and the use of artistic license. The question arises whether there is a limit to such creativity where life events intersect with such creativity.

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

Dispute Resolution: Mkini Dotcom Sdn Bhd v Raub Australian Gold Mining Sdn Bhd [2021] 5 MLJ 79

15 May 2022 by Shearn Delamore & Co

A case note by Yap Jun Cheng