The sanctions were first announced in parliament on 28 February 2022, and the specifics were released on 5 March 2022....more
Numerous companies have engaged for decades - on a voluntary basis – to ensure observance of fair-trade standards, human rights due diligence, and environmental protection, taking responsibility for their supply chains,...more
On 12 January 2021, the China Banking and Insurance Regulatory Commission (CBIRC) issued the Regulating the Informatization Work of Insurance Intermediaries Measures (Insurance Intermediaries Measures), which took effect on 1...more
11/12/2021
/ Capital Markets ,
China ,
Consumer Insurance Products ,
Foreign Exchanges ,
Foreign Investment ,
Hong Kong ,
Indonesia ,
Insurance Regulations ,
Regulatory Oversight ,
Singapore ,
Vietnam
ESG, short for environmental, social, and governance (ESG), refers to the practice of integrating ESG criteria into businesses, to bring about sustainable development outcomes. Coined almost two decades ago in 2004 by a group...more
Business integrity for consumer companies -
Doing good business means doing things the right way -
Consumer companies around the world are incorporating sustainability, business integrity, and brand purpose into their...more
4/13/2021
/ Anti-Bribery ,
Anti-Corruption ,
Business Plans ,
Business Strategies ,
Capital Investments ,
Corporate Governance ,
Corporate Social Responsibility ,
Environmental Claims ,
Environmental Social & Governance (ESG) ,
Popular ,
Publicly-Traded Companies ,
Supply Chain ,
Sustainability
The tracker covers a range of developments across the region, including steps taken by the Chinese authorities to decentralise regulations in the insurance sector, a new amendment bill passed by the Hong Kong Legislative...more
4/1/2021
/ China ,
Consumer Insurance Products ,
Financial Services Industry ,
Hong Kong ,
Indonesia ,
Insurance Regulations ,
Legislative Agendas ,
Life Insurance ,
Regulatory Agenda ,
Regulatory Oversight ,
Singapore
CBIRC issued newly revised Health Insurance Measures -
On 31 October 2019, the China Banking and Insurance Regulatory Commission (CBIRC) promulgated the newlyrevised Administrative Measures for Health Insurance (Health...more
9/18/2020
/ Asset Management ,
China ,
Commercial Insurance Policies ,
Consumer Insurance Products ,
Foreign Investment ,
Health Insurance ,
Hong Kong ,
Indonesia ,
Insurance Regulations ,
Property Insurance ,
Reinsurance ,
Singapore
Entering a new market can be a game changer for businesses in the consumer industry, but it can come with some significant legal risks. Consumer protection laws, supply chain issues, product regulation, data privacy issues,...more
9/16/2020
/ Antitrust Provisions ,
Business Development ,
Business Formation ,
Business Pursuits ,
Doing Business ,
Germany ,
Indonesia ,
Intellectual Property Protection ,
Singapore ,
UK ,
Vietnam
Six years ago, the Personal Data Protection Act 2012 (PDPA) came fully into force – a lifetime in technology terms. That period has seen the development of blockchain technology and the rise of artificial intelligence (AI),...more
7/9/2020
/ Amended Rules ,
Anti-Spam Legislation ,
Consent ,
Cybersecurity ,
Data Protection ,
Do Not Call List ,
Federal Breach Notification Standard ,
Individual Accountability ,
Personal Data ,
Personal Data Protection Act 2012 (PDPA) ,
Singapore
Overview of mergers and acquisitions (M&A) market in Singapore -
Singapore was one of the first countries outside of China to encounter the virus. Whilst deal activity was down on the prior year, M&A transactions were...more
* Updated following Prime Minister Lee's speech on 21 April 2020 at 5pm SGT.
Circuit breaker: Partial lockdown of Singapore -
Implications for individuals -
On 3 April 2020 as the COVID-19 situation worsened in...more
The government agency responsible for employment matters in Singapore, the Ministry of Manpower (MOM), has from an early stage taken a proactive and realistic approach to employment matters in Singapore as a result of...more
As part of the budget announced on 18 February 2020 by Deputy Prime Minister, and Finance Minister Mr. Heng Swee Keat (the "2020 Budget," also referred to as the "Unity Budget"), the Singapore government introduced a raft of...more
The Singaporean response to the COVID-19 outbreak has been comprehensive and coordinated. The 18 February 2020 "Unity Budget" introduced a raft of measures designed to help protect jobs and businesses from the economic...more
COVID-19 (Temporary Measures) Bill to offer respite for businesses and individuals struggling to fulfil contractual obligations or facing bankruptcy/insolvency as a result of the COVID-19 outbreak.
...more
Employers batten down the hatches There is no doubt the world has changed – for certain businesses, even previously reliable revenue has severely declined, and for the first time employers are examining their otherwise...more
Consumer companies around the world are incorporating sustainability, business integrity, and brand purpose into their business operations. This can include procuring ethically sourced products, ensuring fair pay, or...more
2/12/2020
/ Advertising ,
Beverage Manufacturers ,
Business Strategies ,
Carbon Emissions ,
Child Labor ,
Data Protection ,
Direct to Consumer Sales ,
Diversity and Inclusion Standards (D&I) ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
Ethical Standards ,
False Advertising ,
Food Manufacturers ,
Forced Labor ,
Green Goods ,
Green Marketing ,
Health and Safety ,
Human Rights ,
Integrity Policies ,
Manufacturers ,
Manufacturing Facilities ,
Modern Slavery Act ,
Multinationals ,
Procurement Guidelines ,
Product Labels ,
Regulatory Requirements ,
Retail Market ,
Risk Management ,
Slavery ,
Suppliers ,
Supply Chain
Entering a new market can be a game changer for businesses in the consumer industry, but it can come with some significant legal risks. Consumer protection laws, supply chain issues, product regulation, data privacy issues,...more
1/24/2020
/ Antitrust Provisions ,
Asia ,
Business Development ,
Consumer Protection Laws ,
Corporate Governance ,
Data Privacy ,
Doing Business ,
EU ,
Germany ,
Intellectual Property Protection ,
International Relations ,
Risk Management ,
Singapore ,
Strict Compliance ,
Supply Chain ,
Tariffs
After a long lead-up, the Singapore Prime Minister's Office has now confirmed that the Payment Services Act 2019 (the Act) (other than sections 111, 113, and 114) will imminently come into force on 28 January 2020 (the...more
In 2019, Singapore was ranked no. 2 for “Best Country in the World to do business” by the World Bank. Singapore is seen as a gateway to the Asian markets, where spending by 3.2 billion middle-class consumers could hit US$55...more
1/9/2020
/ Anti-Competitive ,
Business Litigation ,
Competition ,
CPFTA ,
Data Management ,
Data Privacy ,
Data Security ,
Food Supply ,
Goods or Services ,
Intellectual Property Protection ,
Personal Data ,
Price Transparency ,
Regulatory Standards ,
Singapore ,
Supply Chain ,
Tariffs ,
Tax Rates ,
Trade Relations ,
Unfair or Deceptive Trade Practices
Consumer-facing companies are increasingly utilizing social media influencers to get their advertising to targeted audiences and to learn how their products are working for real people. This innovative form of advertising is...more
As the issues surrounding data protection become increasingly complex, in recent years the advisory guidelines (Guidelines) issued by the Personal Data Protection Commission of Singapore (PDPC) have been invaluable in guiding...more
12/2/2019
/ Cloud Computing ,
Cloud Service Providers (CSPs) ,
Cloud Storage ,
Cybersecurity ,
Data Management ,
Data Protection ,
Data Protection Authority ,
Data Security ,
Data Transfer Providers ,
Data Transfers ,
Electronic Data Transmissions ,
International Data Transfers ,
New Guidance ,
Personal Data ,
Personal Data Privacy Comission (PDPC) ,
Regulatory Requirements ,
Rulemaking Process ,
Singapore ,
Subject Access Request (SAR)
Five years on from the enactment of the Personal Data Protection Act 2012 (PDPA) (enacted on 2 July 2014), and what has Singapore learned about data privacy?
...more
As a supplement to the recent thought leadership article by the Hogan Lovells Singapore Corporate Team on 'Venture Capital and Private Equity in Asia-Pacific in 2018', Stephanie Keen (Singapore Managing Partner) and Michael...more
As one of the world's leading international law firms, with market-leading practices throughout Asia-Pacific, advising on headline deals such as Walmart's recent acquisition of a 77 per cent. stake in Flipkart, Hogan Lovells...more