October 2016

Foreign Exchange Administration

The ASEAN Economic Community (“AEC”) set for launch in December 2015 will no doubt see a flood of investments from all corners of the globe – adding to those already pouring into the region. The end goal is determined – a uniform set of procedures and regulations that permit the free movement of capital around ASEAN to enhance competitiveness through the creation of a dynamic environment for trade, business and investment activities. In this series we explain the current framework regulating the movement of funds in ASEAN, another aspect of ASEAN’s complex but lucrative business environment.

Subject matters:
Jurisdictions: ASEAN
Other Resources
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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.

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