|Clyde & Co has welcomed Michael Cripps as a partner based in Shanghai, focussing on developing the corporate insurance practice in China. Cripps joins from Insurance Australia Group – Australia’s largest publicly-listed P&C insurer – in Sydney where he was Group General Counsel for five years. Prior to that, he was based in Shanghai for 13 years as a partner in Allens Arthur Robinson and managing director of Glenmore Trading and has lived and worked as a lawyer in China for over 13 years. Cripps is fully bilingual and is an accredited English-Mandarin interpreter. His brings the total number of partners in the global corporate insurance team to 18.
Morrison & Foerster has appointed Eric Roose as a partner in the firm’s Tokyo office. Roose, who is also a certified public accountant, has more than 25 years of experience advising global clients on business and investment activities in Asia. He focuses on US tax advisory work for clients whose international investment vehicles have either inbound or outbound tax issues. He has advised major investment funds, venture capital firms, private equity investors, and hedge funds. He also counsels technology companies, financial services firms, and real estate funds in their tax matters, including investment activities in Japan, China, and Singapore. Roose regularly advises multinational companies dealing with numerous international tax jurisdictions. He joins from White & Case.
New Decree on special preferential import/export tariffs under the CPTPP
Plus recent Vietnam updates on insurance, public investment and minimum wages.
SCA issues guidelines for financial institutions on anti-money laundering
The advent of AML and ATF guidance is a welcome step for businesses in the UAE.
Update on Stamp Duty regulating electronic transactions
A new notification requires parties who enter certain electronic transactions to pay stamp duty in cash.