News

Khieu Mealy appointed Vice President for National Commercial Arbitration Center (NCAC) of Cambodia

26 March 2019

Congratulations to Khieu Mealy, Partner at SokSiphana&associates (a member of ZICO Law) for being appointed Vice President of the National Commercial Arbitration Center (NCAC) of Cambodia, a non-profit commercial disputes resolution institute.   Following Cambodia’s fast-growing economy, there has been a significant increase in commercial transactions which may result in potential conflicts among investors and stakeholders. Therefore, this institute acts as a platform to help businesses with commercial disputes resolution.   SokSiphana&associates recognises and celebrates Mealy’s achievement. Being one of only a few female arbitrators […]

Grit and Resilience: Khieu Mealy Featured in Cambodia’s Women Leaders Publication

22 March 2019

Heartfelt congratulation to our partner Khieu Mealy, for being featured in Cambodia’s Women Leaders 21 Stories of Grit and Resilience publication. Mealy shared her experience growing up middle-class family that had a strong emphasis on education. That support led her to achieve her dreams of becoming a lawyer. She recounted the joys and difficulties faced by having to […]

Revised Philippine Corporation Code Signed Into Law

21 March 2019

President Duterte has signed the Revised Corporation Code of the Philippines that amends the 38-year old Corporation Code. One of the main objectives of the Revised Corporation Code is to improve ease of doing business which would eventually make the Philippines an attractive investment destination. Once published, the Revised Corporation Code will take effect and […]

Insurance and Reinsurance Companies Encouraged to Invest in Infrastructure Projects to Comply with Net Worth Requirement

21 March 2019

The Philippine Insurance Commission (“Commission”) recently issued Circular Letter No. 2018-74 (“Circular”) to entice insurance and reinsurance firms to invest in debt and/or equity security instruments for the infrastructure projects under Philippine Development Plan (“PDP”). In addition to supporting the government’s Build Build Build project, the Circular also aims to help  insurers comply with the […]

Cambodia hosts the 13th Annual Mekong Business Challenge

20 March 2019

On Saturday, March 16, Matthew Rendall, our Senior Partner at SokSiphana&associates (a member of ZICO Law) sat on the judging panel for the finale of Mekong Business Challenge which was hosted by Cambodia this year. Matthew has been an active member in the judge committee for the past 3 years.   The Mekong Challenge is the leading annual entrepreneurship competition between 11 universities across the […]

Dr Sok Siphana speaks at Digital Cambodia 2019

19 March 2019

On Friday, March 15, Dr Sok Siphana, Managing Partner at SokSiphana&associates (a member of ZICO Law), moderated a panel discussion on “ASEAN Roadmap to Industry 4.0” at Digital Cambodia 2019 hosted by National Institute of Posts, Telecommunications and ICT (NIPTICT).  The German Government introduced the concept of Industry 4.0 in 2011, also known as the Fourth Industrial Revolution, as a smart manufacturing system that aims to improve […]

IPLA named Best New Law Firm by Asia Business Law Journal

14 March 2019

We are pleased to announce that Insights Philippines Legal Advisors (IPLA) (a member of ZICO Law) has been named Best New Law Firm in 2018 by Asia Business Law Journal. Founded in early 2017, the firm, in barely two years, has garnered a strong reputation among business sectors and industries in the Philippines and around ASEAN.  […]

Philippine SEC Revises Rules for Initial Coin Offerings

4 March 2019

The Philippine Securities and Exchange Commission (“SEC”) revised its draft rules on Initial Coin Offerings (“ICO”) and, for a second round of public consultation, invites banks, investment houses and investing public to submit their inputs and comments to the revised proposed rules contained in an SEC Memorandum Circular (“Draft Rules”), which may be accessed here. […]

Anti-Money Laundering Rules on Beneficial Ownership for Financial Transparency

4 March 2019

The Philippine Anti-Money Laundering Council (“AMLC”) has issued guidelines on identification of beneficial ownership for all banks, insurance companies and other covered persons[1]. The guidelines will apply to all covered persons under the Anti-Money Laundering Act (“AMLA”), as amended. The guidelines were published on 27 November 2018 and took effect on the same day. Implications […]

Decree 163/2018 on Issuance of Corporate Bonds

4 March 2019

On 4 December 2018, Vietnam’s Government issued Decree 163/2018 on issuance of corporate bonds (“Decree 163”). Decree 163 focuses on privately-issued bonds and came into effect on 1 February 2019, replacing its predecessor, Decree 90/2011 (“Decree 90”). Below are salient features of Decree 163: Relaxed conditions to issue bonds: Removal of profitability requirement for issuing […]