Legal Updates

Legal Updates for Jul - 2017

NBC: New Provisions on Management of Payment Service Provider

On 14 June 2017, the National Bank of Cambodia issued Prakas on Management of Payment Service Provider to manage and set out legal procedures on licensing application for legal entities that provide payment services in Cambodia.

31 Jul 2017 | Cambodia

Indonesia Establishes its National Payment Gateway

The Indonesian central bank, Bank Indonesia ("BI") recently issued BI Regulation No. 19/8/PBI/2017 on National Payment Gateway ("BI Regulation") as part of its effort to actualize the independency of Indonesia's national payment system, especially in respect of all financial transactions carried-out in Indonesia. By issuing the BI Regulation, BI started the process to establish the National Payment Gateway ("NPG") which has two (2) key objectives: (i) the interconnectivity of all existing payment channels; and (ii) the interoperability of various payment instruments which are currently existing and used in Indonesia.

31 Jul 2017 | Indonesia

Between Admiralty and Insolvency – Maritime Contractual Liens and the Need for Registration
In Duncan, Cameron Lindsay and another v Diablo Fortune Inc and another matter [2017] SGHC 172, the Singapore High Court was faced with issues regarding maritime contractual liens and the effect of insolvency upon their validity. In particular, the Court had to consider the proper governing law and whether such liens have to be registered. Matthew Teo of Rajah & Tann Singapore LLP served as the Amicus Curiae for the Court in this matter.
27 Jul 2017 | Singapore

Quarterly Regional Update: Legal Developments in the Consumer Protection Sector

The Update provides an overview of the key development in Vietnam with respect to Consumer Protection including (i) regulation on the provision of information relating to the National Steering Committee on anti-smuggling and fraudulent trading and counterfeiting of goods; (ii) implementation of development program on consumer protection activities for the period of 2016 – 2020; (iii) new labelling regulations on protecting consumers and (iv) funding support for anti-smuggling, fraudulent trading and counterfeiting of goods.

25 Jul 2017 | Vietnam

Protection of Compilations – Rewarding Creativity Only?
In Global Yellow Pages Ltd v Promedia Directories Pte Ltd and anor matter [2017] SGCA 28, the Singapore Court of Appeal made a number of significant pronouncements on the law of copyright in Singapore. In particular, it took the opportunity to clarify the law surrounding groundless threats of copyright infringement, and the manner in which compilations are protected under copyright law in Singapore. This Update looks at the decision of the Court of Appeal and its implications for compilation or database owners.
21 Jul 2017 | Singapore

Cybersecurity Bill Open for Public Consultation
On 10 July 2017, the Ministry of Communications and information ("MCI") and the Cyber Security Agency of Singapore ("CSA") jointly published the draft Cybersecurity Bill, and invited the public to provide feedback on the same by 3 August 2017. This Update provides a summary and our preliminary views and commentary on the proposed measures under the Bill.
14 Jul 2017 | Singapore

Competition Bites – South-East Asia & Beyond
Welcome to our third edition of our quarterly regional competition update for 2017! The second quarter of 2017 coincidentally saw several Asian regulators amending their competition laws to tweak processes. These changes, when they take effect, will have significant impact on the procedures that businesses must take to ensure compliance with competition law. This Update further provides short and easy to read write-ups on these developments, as well as other important legal and economic developments across a number of key jurisdictions. Businesses are reminded to ensure compliance with competition law whilst recognising how easy it is to violate as they go about their operations.
11 Jul 2017 | Singapore

Temporary Suspension of the Implementation of VAT on Non-Taxable Supplies on Primary Financial Services

The General Department of Taxation has temporarily suspended the implementation of value-added tax on "primary financial services".

10 Jul 2017 | Cambodia

Cyberspace Administration of China Issues Finalised Measures on Security Review of Network Products and Services

On 2 May 2017, the Cyberspace Administration of China issued the final version of the Measures on Security Review of Network Products and Services (the "Measures"), which took effect from 1 June 2017, which is the same day that the Cyber Security Law entered into force. This Update provides a summary of the key features of the Measures.

10 Jul 2017 | China

Judicial Interpretations on Criminal Cases Involving Infringement of Citizens' Personal Information
On 8 May 2017, the Supreme People's Court and the Supreme People's Procuratorate jointly issued the Interpretation of Applicable Laws on Handling Criminal Cases Involving Infringement of Citizens' Personal Data (Law Interpretation No. 10 of 2017) (the "Interpretation"). The Interpretation clarifies the judicial position on key issues that arise out of criminal cases which concern the infringement of personal data, and took effect from 1 June 2017. This Update provides a summary of the key features of the Interpretation.
10 Jul 2017 | Singapore

MOI Warns Local Associations and NGOs on Compliance with Law

On 4 July 2017, the Ministry of Interior issued Notice on the Fulfillment of Obligations of Local Associations and Non-Governmental Organizations to ensure the participation of the local associations and non-governmental organizations in implementing and focusing on their obligations prescribed by the Law on the Associations and Non-Governmental Organizations.

07 Jul 2017 | Cambodia

Judicial Interpretations on Criminal Cases Involving Infringement of Citizens' Personal Information

On 8 May 2017, the Supreme People's Court and the Supreme People's Procuratorate jointly issued the Interpretation of Applicable Laws on Handling Criminal Cases Involving Infringement of Citizens' Personal Data (Law Interpretation No. 10 of 2017) (the "Interpretation"). The Interpretation clarifies the judicial position on key issues that arise out of criminal cases which concern the infringement of personal data, and took effect from 1 June 2017. This Update provides a summary of the key features of the Interpretation.

07 Jul 2017 | China

Cyberspace Administration of China Issues Finalised Measures on Security Review of Network Products and Services
On 2 May 2017, the Cyberspace Administration of China issued the final version of the Measures on Security Review of Network Products and Services (the "Measures"), which took effect from 1 June 2017, which is the same day that the Cyber Security Law entered into force. This Update provides a summary of the key features of the Measures.
07 Jul 2017 | Singapore

Restraint Orders and Charging Orders under the CDSA
Under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act, the State is granted wide powers of seizure and confiscation over the proceeds (and suspected proceeds) of offences. In Public Prosecutor v Rajendar Prasad Rai [2017] SGHC 132, the Singapore High Court considered when it would be appropriate to grant restraint orders or charging orders to enforce such confiscation.
03 Jul 2017 | Singapore