Rebecca Lim, Group General Counsel of Westpac Banking Corporation speaks to ASIAN-MENA COUNSEL about the challenges and opportunities she has encountered in her role at the Australian headquartered bank. Here, she explains how her and her team manage to stay ahead of the curve.
In October 2014, the Federal Court of Malaysia, in Harianto Effendy Zakaria & Ors v Mahkamah Perusahaan Malaysia & Anor, [2014] 6 MLJ 305, upheld the dismissal of nine former bank employees by …
Following the recent decision by the Council of Ministers’ to open up the Saudi stock exchange (the Tadawul) to certain non-GCC investors, we take a closer look at the current status …
On July 17th, 2014 the Government issued Decree No. 70/2014/ND-CP (Decree 70) guiding the implementation of a number of articles of Ordinance No. 28/2005/PL-UBTVQH11 dated December …
The latest amendments to the foreign exchange
regulations have relaxed and in some cases
removed restrictions on inward foreign investment
in the Dar es Salam Stock Exchange ...
The Indonesian Government has released a new list of business fields that are closed to investment and business fields that are conditionally open to investment …
Tanzania is one of the fastest growing mobile markets and mobile financial services are at the heart of this burgeoning sector. With upcoming regulation ...
The Bank of Tanzania requires that all foreign loans from the private sector in Tanzania are registered with them. We look at what this registration means in practice.
As ASIAN-MENA COUNSEL explores some of the biggest banking and finance issues and trends taking centre stage in Asia and the Middle East between 2013 – and Q1 of 2014, we consider the extent to which legal, political and monetary policies originating in the US impact the success of these economies. External and in-house counsel from around the region weigh in with their analysis on the pros and cons brought about by regulatory changes, new legislation and a changing landscape in 2014.
In a landmark decision on June 20, 2013, the West Jakarta District Court annulled a Loan Agreement entered into between a local borrower and an offshore lender because it was executed in English only ...
