BUSINESS
LAW DIGEST
HK introduces draft law on critical infrastructure cybersecurity
Hong Kong introduces draft bill for critical infrastructure cybersecurity
Claiming shortfall for occupational diseases after insurance
Court orders employer to cover occupational disease compensation shortfall
Hong Kong proposes re-domiciliation regime
Hong Kong proposes a re-domiciliation regime for foreign companies
Does unapproved overtime mean no pay?
Many employers mandate pre-approval or retroactive recognition of overtime in contracts or regulations
Issues for employers over extended statutory retirement age
China's aging population prompts talks on raising low statutory retirement age, straining pension funds
Guarding trade secrets in AI era
Trade secrets are the driving force of competitiveness for enterprises, particularly if technology-based
Hong Kong clarifies law on Quistclose trusts
Hong Kong’s Court of Final Appeal addressed the test for Quistclose trusts, emphasizing the importance of intent regarding fund use
China expands REITs to boost infrastructure investment
The NDRC issued a notice on 26 July 2024 to expand asset classes and streamline filing for China's REITs regime
Non-compete clauses not a complete barrier
A non-compete clause protects trade secrets but must not violate an individual’s right to free choice of employment
New personal data privacy framework for Hong Kong AI
Hong Kong’s Privacy Commissioner published its AI framework, "Artificial Intelligence: Model Personal Data Protection," on 11 June 2024
Shanghai, Shenzhen stock connect expands to HK REITS
China Securities Regulatory Commission (CSRC) announced five new significant measures to further integrate and develop the capital markets
Compensation case for losses from employee misconduct
Shanghai court released a case where an employee was held liable by the company for economic losses caused by her misconduct
15 remarkable years
CBLJ marks a milestone as founder Kelley Fong reflects on its vision, journey, and guiding ethos for the future
Kanika Chugh becomes managing partner at SKV Law
Kanika Chugh has become the managing partner at SKV Law Offices, taking over from Shri Venkatesh, who will remain as the founding partner and mentor
Cooley adds partner in Singapore amid Indian IPO push
Cooley has hired Shashwat Tewary from Sidley Austin as a partner in Singapore, boosting their Indian and Southeast Asian capital markets expertise
Oh-Ebashi broadens Asia services with Indonesia alliance
Oh-Ebashi LPC & Partners in Osaka will boost its Asian services through a new alliance with MAPS Law Firm, launching a Jakarta desk in July to expand offerings in Indonesia