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In Payment System

Indonesia: 2030 Payment System Blueprint – Indonesia marches on in propelling the digital economy

by 4 Mins Read

As a continuation of the 2025 Payment System Blueprint (see November 2019 alert), which led to the successful implementation of key initiatives such as (i) the continued domestic and cross-border implementation of the Quick Response Code Indonesia Standard (QRIS) (see August 2019 and September 2022 alerts), (ii) the National Open API Standard (SNAP) (see August 2021 alert), (iii) the real-time payments infrastructure (BI-FAST), and (iv) regulatory, licensing, and supervisory reforms (see January 2021 alert), Bank Indonesia has now…

In Cyber Fraud Recovery

Hong Kong: Court of Final Appeal upholds Hong Kong Police’s No Consent Regime

by 6 Mins Read

In brief On 10 April 2024, the Hong Kong Court of Final Appeal (CFA), Hong Kong’s highest court, delivered its judgment in Tam Sze Leung & Ors v Commissioner of Police [2024] HKCFA 8, affirming the validity of the ‘No Consent Regime’ (“Regime”) of the Hong Kong Police (“Police”). As we set out in our previous alerts (here, here and here), the Regime encompassed a practice of issuing “Letters of No Consent” (LNCs) to financial institutions for customer accounts that…

In Reciprocal Enforcement of Judgments

Hong Kong: Practical Guide – Enforcing Mainland Judgments in Civil and Commercial Matters under the latest Arrangement on Reciprocal Recognition and Enforcement of Judgments

by 8 Mins Read

In brief On 29 January 2024, the Arrangement on Reciprocal Recognition and Enforcement of Judgments in Civil and Commercial Matters by the Courts of the Mainland and of the Hong Kong Special Administrative Region (“Arrangement”) has taken effect simultaneously in both Hong Kong and the Mainland. The Arrangement establishes the mechanism for the reciprocal recognition and enforcement of judgments in civil and commercial matters between the Mainland and Hong Kong. Certain procedural steps must be taken by…

In Crypto

United States: Finally, a court decides – XRP, by itself, is not a security. Your turn, Congress.

by 10 Mins Read

In brief On July 13, 2023, Judge Analisa Torres of the Southern District of New York issued an Order on competing motions for summary judgment in the closely followed SEC v. Ripple Labs, Inc. litigation. As the first court decision to broadly address the question of whether a cryptocurrency itself is a security, as the SEC has maintained in most circumstances, the Order may have broad implications to the state of crypto industry regulation in the US.…

In Attorney-Client Privilege

Global Attorney-Client Privilege Guide

by 1 Min Read

The most comprehensive guide of its kind, the Global Attorney-Client Privilege Guide is an interactive resource covering the law and best practices on privilege in 34 key jurisdictions.The up-to-date understanding of the law of privilege found in the Guide helps companies to maximize the available protections and ensure that, where possible, privilege is maintained.When litigation is threatened, companies whose employees know how to recognize and protect privileged information are better prepared to respond to the risks.Moreover, against…

In Regulatory, Public and Media

Human Rights Act Reform: Back to the future – a modern bill of rights?

by 6 Mins Read

IN BRIEF On 14 December 2021, the UK Government launched a consultation on proposals to reform the Human Rights Act 1998 (“HRA”) entitled “Human Rights Act Reform: A Modern Bill of Rights” (“Consultation”). The Consultation recently closed for most recipients, and its outcome could reshape existing constitutional norms and protections, as well as opening a path to the light-touch regulatory economy reportedly envisaged as part of the UK’s post-Brexit future. IN DEPTH (a) Background to…

In Patent Litigation

Patent Litigation Strategies in the Digital Technology Era

by 2 Mins Read

Upcoming Webinar | 26 October and 3 November 2021 We live and work in a high tech globally interconnected world, in which digital technologies are provided and accessed across national borders, involve multiple parties and increasingly are conducted in the cloud aka “distributed usage”. This leads to complex legal questions when allegations of patent infringement are raised in respect of the provision and accessing of digital technologies. Our global team of patent experts will explore…

In Civil Proceedings

Poland: Towards digitalized civil proceedings

by 2 Mins Read

In 2021, a new law concerning civil proceedings became effective in Poland. The new law introduced, among other things, three major changes that will impact the proceedings. The online service of court documents during proceedings and online hearings as default are new and have been forced by the Covid-19 pandemic and will last for its duration. They are aimed at facilitating safe communication between the court and the parties to the proceedings. The third change…

In Employment Litigation

The COVID-19 Employment Litigation Landscape – Is It All Uphill From Here?

by 2 Mins Read

When world economies face challenges, employment litigation claims of all types arise. In this Quick Chat video, our Labor and Employment lawyers discuss the range of trending employment-related claims and cases and share what employers can do to best position themselves to manage impending litigation. Click here to watch the video chat. Review our brochure, COVID-19 Employment Litigation on the Rise – How We Can Help, to read more about the current landscape, access useful resources and learn how our seasoned…

In Cyber Fraud Recovery

Hong Kong: The enigma network in cyber fraud recovery actions – Battling against allegedly ‘innocent’ recipients and competing victims

by 6 Mins Read

In brief We have seen a noticeable increase in the prevalence and sophistication of cyber fraud incidents in recent years. This has led to a substantial rise in civil recovery actions, and as a result, we now have the benefit of key learnings from recent decisions by the Hong Kong Courts and other jurisdictions. This alert discusses some of the common themes and challenges victims of fraud may face in civil recovery actions, particularly in…

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