省律协 兰州大学法学院联合举办涉外法律服务业务专题讲座

2019年01月24日 为认真贯彻落实中央和省委省政府、司法部开展“一带一路”法律服务有关精神和省司法厅关于开展涉外法律服务的要求,1月22日,省律协与兰州大学法学院合作,邀请了来自马来西亚Messrs Jeff Leong, Poon & Wong律师事务所的高级合伙人JEFF LEONG PAK LIM(梁柏林)律师和印度Trinaya Legal 律师事务所的高级合伙人Paurush Kumar律师在兰州举办涉外法律服务业务专题讲座。 Read more at http://www.gslawyer.com/HdMbi/HdBas/HdClsContentDisp.asp?Id=3864&from=groupmessage&isappinstalled=0 Contact us   Address : B-11-8, Level11, Megan Avenue II, Jalan Yap Kwan Seng, 50450 Kuala Lumpur, Malaysia Phone : (603) 2203 3388 Fax : (603) 2203 3399   Website : http://www.jlpw.com.my http://www.jlpw.com.my/needlawyer ” Meeting Your Legal Needs Online “

Our JLPW LITIGATION TEAM did well for Wynn Macau.

Our JLPW LITIGATION TEAM led by Richard Lee won a landmark decision for Wynn Macau in the Malaysian Courts recently. Congratulations, team! https://kenyan-digest.com/malaysia-court-rules-in-favor-of-wynn-macau-in-4-2-million-case-lawyer/ http://www.macaubusiness.com/macau-wynn-macau-wins-us4-2-million-case-against-fund-manager-media/ https://www.casinonewsdaily.com/2019/01/19/wynn-macau-wins-gambling-debt-lawsuit-against-malaysian-gambler/ https://www.nst.com.my/news/crime-courts/2019/01/452242/malaysia-court-rules-favour-wynn-macau-us42-million-case https://www.malaymail.com/s/1714338/kl-court-rules-in-favour-of-wynn-macau-in-us4.2m-case-lawyer-says https://www.freemalaysiatoday.com/category/nation/2019/01/19/kl-court-rules-in-favour-of-wynn-macau-in-us4-2-mil-case/ https://www.straitstimes.com/asia/se-asia/malaysia-court-rules-in-favour-of-wynn-macau-in-57-million-case-lawyer https://www.thestar.com.my/news/nation/2019/01/19/malaysia-court-rules-in-favour-of-wynn-macau-in-rm17mil-case-says-lawyer/ https://www.google.com.sg/amp/s/mobile.reuters.com/article/amp/idUSKCN1PD05J Contact us   Address : B-11-8, Level11, Megan Avenue II, Jalan Yap Kwan Seng, 50450 Kuala Lumpur, Malaysia Phone : (603) 2203 3388 Fax : (603)… Continue reading Our JLPW LITIGATION TEAM did well for Wynn Macau.

The New Corporate Malaysia: Implementing Whistleblower Programs And Hotlines For Better Corporate Governance

With the recent launch of the Guidelines On Adequate Procedures pursuant to Subsection (5) of Section 17A under THE MALAYSIAN ANTI-CORRUPTION COMMISSION ACT 2009 by Tun Dr Mahathir, we are reminded of the following guiding principles:

1. Top Level Commitment;
2. Risk Assessment;
3. Undertake Control Measures;
4. Training And Communication.

I will describe how the new Guidelines will work out in practice in my upcoming blog post.

Meanwhile, it is time to revisit Whistleblowing again as it is the main reason for the discovery of many recent scandals such as 1Mdb and calamitous failure of compliance in Goldman Sachs etc.

JLPW NEEDLAWYER BLOG

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Malaysia was the laughing stock of the Whistleblower world barely 5 months ago when a whistleblowing politician, far from being protected under the law, was jailed 30 months instead.

With a new government now in charge in Malaysia, upholding the Rule of Law and Institutional Reforms are well underway and such bad whistleblower experiences are hopefully a thing of the past.

In Malaysia, the Whistleblower Protection Act 2010 (WBA) came into force on 15 December 2010, giving legal protection to employees against dismissals or penalties by their employers due to employee disclosure of corporate misconduct, wrongdoing and illegal activities.

With reports of hidden scandals and corporate wrongdoing increasingly common these days, new corporate leaders and directors taking over the management of companies are well advised to protect themselves against personal liabilities by carrying out compliance checks and implementing adequate procedures including Whistleblower programs against wrongdoing, corruption and bribery.

Apart from…

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The “Adequate Procedures” And “Due Diligence” Defences To Corporate Liability And Personal Liabilities Of Directors And Management For Corruption And Bribery In Malaysia

Some months ago, I wrote about the impending application of the newly gazetted Section 17A of the amended Malaysian Anti Corruption Act and concluded as follows:

”Two years will pass by quickly, and it is imperative that anti corruption and anti bribery systems, policies, manuals and the relevant training programs be put in place now to protect directors and management from personal liabilities.”

In the latest development, our Prime Minister Tun Dr Mahathir has today launch a set of new Guidelines to aid the corporate sector to put in place adequate procedures to minimize risks and prevent corruption. This is indeed most helpful to directors and management of companies as they go about preparing and putting in place the required compliance systems in their organizations ahead of the coming into effect of the new law on 1 June 2020.

https://youtu.be/kBHANOFPGBc

“In order to help ensure commercial organisations in any industry employ fundamental measures in minimising the risk of corruption, Prime Minister Tun Dr Mahathir Mohamad today launched guidelines on this today.

They come under the Adequate Procedures Pursuant to Sub-section (5) of Section 17A of the Malaysian Anti Corruption Commission (MACC) Act 2009.

Dr Mahathir said the guidelines have been drafted to assist commercial organisations in understanding what were the “adequate procedures” to be implemented to prevent the occurrence of corrupt practices.“

Read more at
http://www.theedgemarkets.com/article/pm-launches-guidelines-commercial-organisations-minimise-corruption-risk

JLPW NEEDLAWYER BLOG

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As the new dawn breaks over Malaysia, scandals and corruption are dominating the air waves and digital news media. With the Pakatan Harapan government’s renewed emphasis on upholding the Rule of Law, the issue of corporate liability and personal liabilities of directors and management for Corruption and Bribery has come into sharp focus.

The Malaysian Anti Corruption Commission (MACC) Amendment Act 2018, gazetted on 4 May 2018 introduced a new Section 17A as follows:

Offence by commercial organization

(1)   A commercial organization commits an offence if a person associated with the commercial organization corruptly gives, agrees to give, promises or offers to any person any gratification whether for the benefit of that person or another person with intent –

(a) to obtain or retain business for the commercial organization; or

(b) to obtain or retain an advantage in the conduct of business for the commercial organization.

(2)  …

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Malaysia as Belt And Road Initiative Hub Along the Maritime Silk Route

JLPW NEEDLAWYER BLOG

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Interesting views from André Wheeler as usual: See http://en.hkuws.com/chinas-belt-and-road-will-help-hong-kong-top-rival-singapore/

My take is there is room for independent and geopolitically acceptable Belt And Road Initiative Hubs in Asean and Central Asia.

Hong Kong is too close to China and with decades of focus as Gateway to China, it does not have the credibility nor the clusters of professionals with an outbound focus on ASEAN and other BRI countries.

My hope is that in managing Malaysia towards trimming off RM1 trillion of national debt, our new Malaysian Government will compete head on with Hong Kong and Singapore as a “dark horse” in the race to become a leading BRI Hub.

With lower costs, experienced conventional and Islamic financial and capital markets and professionals well trained in our own infrastructure development, as well as being geopolitically acceptable to China, ASEAN, India, Japan, Korea and the West, Malaysia has a good chance.

For the…

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The Belt And Road Initiative And Chinese Investments Provide Critical Support For Myanmar’s Economic Development / 一带一路倡议以及中国投资提供关键支持于缅甸经济发展 (Bilingual English/Chinese)

一位参与者于11月初兰州大学举办有关缅甸投资法的一个讲座上询问了中国在缅甸投资的当下情况。我以缅甸外国律师的身份,提出以下原因以支持和提拔一带一路倡议以及中国投资: 1. 中国是缅甸最大的外国投资者。 2. 当昆明到缅甸建筑完成后,沿海铁路每站都设有工厂,商店,学校和医疗设施而让它成为经济发展的骨干; 3. 巴厘岛和澳门风格的度假村将吸引游客并加强其经济。世界各地的投资者将随之进入缅甸。 我很高兴缅甸正在加速进展。 “于11月,中国国家发展和改革委员会副主任, 宁喆,到访缅甸并会见了缅甸国家主席,昂山素姬,策划和财政部长以及其他部长。一周后,由昂山素姬带领的中国缅甸经济实施指导委员会于12月6日会面。缅甸终于在中国一带一路倡议提倡几年后迅速采取行动并接纳主席习近平的此项目.” https://thediplomat.com/2018/12/myanmar-speeds-up-progress-on-chinas-belt-and-road/ At a lecture on Myanmar Investment Law in Lanzhou University in early November, a participant asked about the state of Chinese investments in Myanmar today. I explained that as a foreign lawyer in Myanmar, I supported and promoted the Belt And Road Initiative and… Continue reading The Belt And Road Initiative And Chinese Investments Provide Critical Support For Myanmar’s Economic Development / 一带一路倡议以及中国投资提供关键支持于缅甸经济发展 (Bilingual English/Chinese)