Asia Pacific

News

Hong Kong

Eversheds Sutherland Asia TMT head joins K&L Gates

Eversheds Sutherland‘s Asia head of technology, media and telecommunications (TMT) has left the firm’s Hong Kong office for K&L Gates. Nigel Stamp is joining the US firm as a partner after nearly seven years at Eversheds. He previously headed Morrison & Foerster’s China TMT practice, which he joined in 2006 from Clifford Chance. At K&L […]

move, hire, exit

A&O loses Singapore QC to 20 Essex Street Chambers

Allen & Overy (A&O)’s Judith Gill QC will move to 20 Essex Street Chambers as an arbitrator next month, The Lawyer understands. Gill is currently based in Singapore, though it is not known whether she will join the set in London or in its offices in the far east city. Gill will become the set’s 19th arbitrator […]

Hong Kong

Addleshaws poaches BLP Asia head for growth spurt

Addleshaw Goddard has brought in veteran Asia head Bob Charlton in from Bryan Cave Leighton Paisner (BCLP) to head up its Asia Pacific presence. Charlton will join Addleshaws after heading up BCLP’s Asia presence since 2014. Bryan Cave merged with Berwin Leighton Paisner in February this year to form BCLP. This new appointment will mean […]

Japan

Mayer Brown grows Tokyo office with Shearman and Ashurst hires

Mayer Brown has bolstered its new Tokyo office, hiring two partners and one senior associate, joining the firm’s banking and finance and corporate and securities practices. Shri Maski and Tomo Adachi will join Mayer Brown’s banking and finance practice from Ashurst. Maski is joining as a partner and Adachi is joining as a senior associate. […]

Analysis

Picture showing data streams over robotic head to illustrate legal tech experts and law firm technology

The Asian law firms investing in legal technology

In a highly competitive and low-growth market, firms are increasingly turning to technology and innovation to stay ahead of competition while boosting efficiency and profitability. Asia-based firms are no exception. Those in Australia and Singapore, where growth has been harder to achieve, are leading the charge. Over the past few years, ‘legal hackathon’ and ‘design […]

Employment and labour law in Mongolia

Based on the Statistics from General Council of the Court for 2017, 2,214 employment disputes in 2016 and 2,220 employment disputes in 2017 were resolved by the first instance court, which is about 5 per cent of the total civil litigation. The total labour litigation is divided in the following three categories…

Changes in Russian currency legislation

On 14 April 2018, the changes to the Federal Law ‘On Currency Regulation and Currency Control’ (the ‘Currency Regulation Law’) and the Code of the Russian Federation ‘On Administrative Offenses’ introduced by Federal Law No. 64-FZ dated 3 April 2018 became effective, which provide for the obligation of Russian residents to repatriate to their accounts […]

Can Kazakhstan tap Islamic Finance to become a regional Islamic Finance hub?

By Shaimerden Chikanayev As Central Asia’s largest and richest country, with a Muslim-majority population of around 18 million people, Kazakhstan wants its local Islamic banking industry, as an alternative source of capital for SMEs, to reach 3-5% of its total banking assets by 2020 from 0.08% in 2015… 

Turkey: Can your salary be paid in Bitcoin?

Bitcoin can be briefly defined as a new virtual payment system. It provides an online payment opportunity for the purchase of goods and services. Transactions in Bitcoin can be made between users without the need of an intermediary, as the system that does not require a central pool or sole manager, making it the first […]

A Swiss perspective on the taxation of initial coin offerings

By Marius Breier, Peter Hongler, and Maurus Winzap Recently, start-ups and even well-established companies have become increasingly interested in issuing coins or tokens as a new way to finance their business activities. In an initial coin offering (ICO), also called a token sale or token-generating event, the issuer raises funds from investors based on a […]

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