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5
November
2018

BOT authorises commercial banks to provide digital ID services

On 4 September 2018, the Bank of Thailand (“BOT”), which is the central bank of Thailand and the regulator of banks in Thailand under…

Thailand
Corporate
Legal Alert
5
November
2018

Guidance on compulsory social insurance for foreign employees working in Vietnam

Under Vietnam’s Law on Social Insurance dated 20 November 2014, from 1 January 2018, foreign employees working in Vietnam with either (i) work permit,...
Vietnam
Employment & Human Capital Services
Legal Alert
31
October
2018

New Regulations on Foreign Workers in Vietnam

On 8 October 2018, the Government issued Decree No. 140/2018/ND-CP (“Decree No. 140”) to amend and supplement existing decrees on investment conditions and administrative...
Vietnam
Employment & Human Capital Services
Legal Alert
25
October
2018

The Establishment and Development of Philippine Competitive Renewable Energy Zones

The Department of Energy (“DOE”) has issued Department Circular No. DC2018-09-0027 (“the Circular”), which seeks to identify competitive renewable energy zones (“CREZ”), which in…

Philippines
Projects, Infrastructure & Utilities
Legal Alert
25
October
2018

Mandatory Use of Letter of Credit (L/C) for Export of Certain Goods

On 7 September 2018, the Minister of Trade (MOT) issued Regulation of the MOT No. 94 of 2018 (Reg. 94). Despite superseding three MOT…

Indonesia
Corporate
Legal Alert
3
September
2018

Cryptocurrencies, Exchanges, and Initial Coin Offerings: An insight into ASEAN’s regulatory environment

In our publication in November 2017, we noted the rising popularity of initial coin offerings (ICOs) and shared our insights on the regulatory stances…

Malaysia
Capital Markets
Article
3
September
2018

Administrative Sanctions for Failure to Register and Pay for Social Security Benefits

On 11 April 2018, the Minister of Manpower issued Regulation No.4 of 2018 on Imposition and Revocation Procedure of Administrative Sanction of Restriction from…

Indonesia
Employment & Human Capital Services
Legal Alert
3
September
2018

Vietnam releases new Decree on Commercial Promotion

Vietnam’s guidelines on commercial promotional activities received an update in May earlier this year. Decree No. 81/2018/ND-CP (“Decree No. 81”) replaces its predecessor, Decree...
Vietnam
Corporate
Legal Alert
3
September
2018

Updates to Vietnam’s Standard Industrial Classification

Businesses that seek to register their economic activities with the authorities must refer to the Vietnam Standard Industrial Classification (“VSIC”) as guidance. On 6…

Vietnam
Corporate
Legal Alert
3
September
2018

Thailand officially regulates ICOs

Initial Coin Offerings or “ICOs” are a new method of funding for start-ups in which digital tokens or coins are issued. In 2017, there…

Thailand
Capital Markets
Legal Alert
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On 1 December 2022, KPMG and ZICO Law entered into an agreement under which a number of law firms and teams from the ZICO Law network have joined the KPMG network of firms.

The deal will see more than 275 lawyers join over 2,900 legal professionals in the KPMG global organization, creating a significant legal footprint across Asia. It will offer legal services and solutions, a globally connected legal services platform, and specialists who work with leading technology providers to modernize legal functions across organizations. The strategic combination increases the total number of legal professionals in the KPMG network to over 3,750 across 84 jurisdictions. You may read the press release here.

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