16 May 2018 (Singapore) – UPCOMING EUROPEAN UNION (EU) GENERAL DATA PROTECTION REGULATION (GDPR) On 27 April 2016, the European Council and Parliament on 27 April 2016 adopted GDPR, the successor to Directive 95/46EC. The GDPR applies directly in all EU Member States from its effective date, 25 May 2018. It repeals and replaces Directive 95/46EC and Member State implementing legislation. Significantly, he GDPR expands its territorial reach to data controllers and...

14 February 2018 (Singapore) – UPCOMING SINGAPORE PAYMENT SERVICES BILL Written by Winston Wong and Misa Mitsugi, Flint & Battery LLC At present, the Monetary Authority of Singapore (“MAS”) regulates various types of payment services under two pieces of legislation – the Payment Systems (Oversight) Act (Cap. 222A) (“PS(O)A”) and the Money-Changing and Remittance Businesses Act (Cap. 187) (“MCRBA”). However, new payment methods and services...

22 January 2018 (Singapore, India) – INTELLECTUAL PROPERTY MEDIATION IN SINGAPORE AND INDIA (by Francois Vieillescazes, Flint & Battery LLC, co-written with Dr. Sheetal Vohra, Managing Director of Vohra & Vohra, New Delhi) INTRODUCTION Mediation is a dispute resolution mechanism whereby a neutral third party, the Mediator, will help the parties to the dispute to reach an amicable settlement. Mediation proceedings are not binding. They require the...

2 November 2016 (Dhaka, Bangladesh) – Flint & Battery International Law Practice (www.flintbattery.com) announced on 2 November 2016 the addition of SLB, Shipping Lawyers Bangladesh, a Law Firm located in Dhaka, Bangladesh (http://shiplawbd.com/). With its addition,Flint & Battery comprises 7 international offices in Bangkok, Bangladesh, Jakarta, London, Paris, Perth and Singapore. SLB comprises a group of highly experienced shipping lawyers. SLB works...

20 July 2016 (Singapore) – Indonesian Tax Amnesty Scheme Indonesia’s new tax amnesty scheme takes effect from 18 July 2016. The scheme is targeted at recovering billions of dollars that have been lost due to tax evasion by encouraging wealthy individuals and businesses that have hidden their assets abroad to declare their wealth. THE SCHEME • It is a 9 month programme that will end March 2017. • Funds declared for purposes of amnesty will be taxed at...

11 June 2016 (Jakarta, Indonesia) – FOREIGN INVESTMENTS IN JAKARTA, NEW NEGATIVE LIST 2016 (REG 44 OF 2016) OVERVIEW The President of the Republic of Indonesia has signed a Presidential Regulation No. 44 of 2016 on the List of Business Fields Closed to Investment and Business Fields Conditionally Open for Investment, otherwise known as the Negative Investment List (“New Negative List”) on 12 May 2016. The New Negative List was made available to the public...

1 June 2016 (Jakarta, Indonesia) – Flint & Battery LLC, Singapore Law Firm, announced on 1 June 2016 a non-exclusive association with Sagita Ridjab Syah & Partners, Law Firm in Jakarta, Indonesia (http://srsp.co.id/). With the addition, the Flint & Battery International Law Practice (www.flintbattery.com) comprises offices in Jakarta, London, Perth and Singapore. SRSP is managed by Managing Partner Febby Sagita and is a dynamic firm consisting of...