January 2019

AEC: The Journey Thus Far

Though the ASEAN Economic Community (AEC) is finally here, there is a feeling on the ground of cautious skepticism as ASEAN undergoes a paradigm shift. ASEAN as a region is experiencing volatile economies, exposed currencies, regime changes, foreign influences in domestic affairs due to a plethora of multilateral trade deals, territorial disputes and multiple legal frameworks. In short, some of the AEC goals that were meant to be achieved by 31 December 2015 have not been met.

But this edition of ASEAN Insiders sings a more optimistic tune. By keeping our ears to the ground, we have compiled a micro-perspective view of each nation’s progress in making ASEAN a fully integrrated single economic bloc, and achieving the goals laid out in the AEC Blue print. The results are encouraging.

Subject matters:
Jurisdictions: ASEAN
Other Resources
ESG in Action: OSS risk-based licensing system

Announcement

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 close to 3,200 across 84 jurisdictions. You may read the press release here.

For more information and to see how we can assist you in your desired jurisdiction, please follow the links below: