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Recent Articles

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  09/04/2025

  International

  New deadlines approach for beneficial ownership reporting requirements in the US

  As part of the US government’s focus on deregulation, beneficial ownership information (BOI) reporting requirements under the US Corporate Transparency Act (CTA), which came into force in January 2024, have been narrowed so that US entities are no longer required to report.Importantly, because foreign reporting companies will still be subject to the new rules, all non-US entities registered to do business in any US state must familiarise themselves with the requirements and, if needed, take steps to comply before the new filing deadline of 25 April 2025.BackgroundThe CTA requires certain...

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  09/04/2025

  International

  Navigating M&A deals through a tariff storm

  The tariffs introduced by the Trump Administration  have shocked global stock markets and are expected to have even greater impact on industrial and trading businesses, and ultimately, consumers. Retaliatory measures introduced by other major economies are likely to exacerbate an already deeply challenging situation.Nevertheless, M&A is a resilient beast. Deal teams, armed through recent COVID experiences, will need to apply the ingenuity and lateral thinking required to close deals in ways, which protect concerned parties against the Tariffs.In this article, we explore:what exactly is...

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  02/04/2025

  International

  Cyber Space: Global insights on cyber and data risk for insurers

  Cyber Resilience Regulation: What does the current EU and UK position mean for cyber insurance?In an increasingly aggressive cyber threat landscape, it is no surprise that cyber resilience has become a key consideration for the EU Commission and UK Government, with a focus on ensuring that businesses and critical infrastructure can respond to and recover from cyber incidents.The overarching intention is to synchronise standards in order to update or establish clear security requirements, improve risk management practices, and enhance accountability for organisations handling sensitive data, with...

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  28/03/2025

  APAC

  Malaysia enacts Carbon Capture, Utilisation and Storage legislation – A Significant Step Towards Carbon Reduction and Meeting 2050 Net Zero Goals

  On 25 March 2025, Malaysia passed the Carbon Capture, Utilization and Storage Bill 2025 (the “CCUS Act”) - a comprehensive legislative framework aimed at regulating the capture, transportation, utilization, and permanent storage of carbon dioxide (CO₂) in Malaysia.CCUS is one of the six energy transition levers in Malaysia’s National Energy Transition Roadmap, Malaysia’s plan to steer the country to a high-value green economy. The enactment of the CCUS Act is meant to pave the way for increased investment and economic growth in the CCUS sector. Equally, recognising...

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  27/03/2025

  APAC

  Guidelines on Appointment of Data Protection Officers in Malaysia

  In February 2025, the Personal Data Protection Commissioner (the “Commissioner”) of Malaysia issued Guidelines on Appointment of Data Protection Officers (“DPO Guidelines”). The DPO Guidelines, which will take effect from 1 June 2025, were designed having considered the feedback from the public consultation conducted in 2024. The DPO Guidelines should be read alongside other relevant legislative instruments in upholding Malaysia’s privacy regime, as established in the Personal Data Protection Act 2010 (“PDPA”).DPO GuidelinesThe requirement to appoint a...

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  27/03/2025

  International

  Legal Issues on Red Teaming in Artificial Intelligence

  1. Red TeamingRed teaming has its historical origins during the Cold War, when the US military prepared its forces by training them with simulated attacks from the Soviet Union by indicating its team as “red” while the US indicated its team as “blue”. Since then, the use and purpose of red teaming has evolved and commercially mainly used in the cybersecurity space, whereby organizations train its cybersecurity systems through simulated cyberattacks. Red teaming is not only performed by corporations – institutions in the EU also perform red teaming using the protocols...

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