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Category Archives: Global Network

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中国A股成功出线:明晟公司(MSCI)决定于2018年6月起将中国A股纳入其主要全球指数

Posted in Global Network

作者:马绍基 萧乃莹 牟牧 吴颖敏和Marina Lauer 金杜律师事务所香港办公室

明晟公司(“MSCI”)于6月21日公布了其《2017年度市场分类评估》的结果,方案决定将中国A股纳入到明晟新兴市场指数(MSCI Emerging Markets Index)及其他主要全球指数。

MSCI的决定对于中国股票市场及全球投资者而言实为又一重要突破。在全球各地追踪这些指数表现的投资基金及金融产品将可能于2018年6月起受托投… More…/更多

Home Run for China A-shares

Posted in Global Network

By Minny Siu, Richard Mazzochi, David Mu, Jessie Ng and Marina Lauer King & Wood Mallesons’ Hong Kong office.

Today, MSCI Inc. (“MSCI”) announced the results of its 2017 Annual Market Classification Review, including its decision on its proposed inclusion of China A-shares in its MSCI Emerging Markets Index and other major global indexes.

This is yet another important breakthrough for China’s equity market and for global investors. Investment funds and financial products tracking these indexes globally will now be mandated to invest in the China A-shares mark… More…/更多

物联网问题:责任的划定

Posted in Global Network

作者:金杜律师事务所

随着物联网的相关风险日益显现,如何处理这些风险的法律责任是立法机关不得不面对的问题。这会引发复杂的问题,而立法机关必须在政策上做出艰难的抉择以充分保护用户,并且不能造成可能阻碍目前破坏性物联网技术创新与开发的巨大障碍。

物联网的出现也为一直以来在高效风险管理中扮演重要角色的保险行业带来了新的挑战和机遇。尤其重要的… More…/更多

Thoughts on Disclosure of Third Party Funding

Posted in Global Network

By Dorothy Murray and Edmund Northcott  King & Wood Mallesons’ London office.

As more jurisdictions permit third party funding of international arbitration, the question of whether details of the funding must be disclosed arises ever more frequently.

Concerns to date focus on conflicts (ensuring that the identity of the funder poses no challenge to the independence and impartiality of the tribunal) and the ability of a respondent to apply for security for costs. The Tribunal in the case of Muhammet Cap v. Turkmenistan[1], was motivated by these concerns when requiring the C… More…/更多

摊牌?小议第三方资助披露

Posted in Global Network

作者:Dorothy Murray和Edmund Northcott  金杜律师事物所伦敦办公室

随着越来越多的司法管辖区允许第三方资助国际仲裁,人们越来越多地提出是否必须披露资助细节这个问题。

迄今为止,关注的焦点在于冲突(确保资助人的身份不会对仲裁庭的独立性和公正性构成挑战)和被申请人申请仲裁费用担保的能力。在Muhammet Çap诉土库曼斯坦[1]案中,仲裁庭就是因为这些关切而要求申请人披… More…/更多

明晟公司(MSCI)将于明日发布《2017年度市场分类评估》:万事俱备,只欠东风?

Posted in Global Network

作者:马绍基萧乃莹、牟牧、吴颖敏、Marina Lauer 金杜律师事务所香港办公室

明天,明晟公司(MSCI Inc.)(“MSCI”)将公布其《2017年度市场分类评估》的最终结果,而中国A股在连续三年尝试后能否突围成功,被纳入到明晟新兴市场指数(MSCI Emerging Market Index)中,一直备受市场关注。明晟公司将根据其《全球可投资市场基金方法论》得出最终的评估结果,这套方法论融合了其市… More…/更多

MSCI’s 2017 Annual Market Classification Review due tomorrow: a recap of what’s at stake for inclusion of China A-shares

Posted in Global Network

By Minny SiuRichard Mazzochi, David Mu, Jessie Ng and Marina Lauer King & Wood Mallesons’ Hong Kong office.

Tomorrow, MSCI Inc. (“MSCI”) will release the results of its 2017 Annual Market Classification Review. There has been intense market focus on whether China A-shares will be, after the previous 3 attempts, included in the MSCI Emerging Markets Index.MSCI’s decision will ultimately be based on its Global Investable Markets Indexes Methodology, which includes 18 measures across its market accessibility criteria. If tomorrow’s review supports th… More…/更多

The Singapore International Commercial Court – Two years on

Posted in Global Network

By Rebecca LeBherz and Zoe Walker. King & Wood Mallesons’ Brisbane office.

It has now been two years since the Singapore International Commercial Court (“SICC”) was established as an alternative forum to resolve international commercial disputes in Singapore. There are three institutions in Singapore capable of resolving international commercial disputes – it is a veritable cocktail of dispute resolutions services.

London may still dominate cross-border commercial litigation, but it is no longer the default. The SICC has proven that it is able to quickly resol… More…/更多

A B&R Conversation with Dr Wang Wenying and Sarah Grimmer

Posted in Global Network

By Paul Starr and James McKenzie King & Wood Mallesons’ Hong Kong office.

Paul Starr, Practice Leader Hong Kong Dispute Resolution and Infrastructure and James McKenzie, Senior Associate, King & Wood Mallesons, Hong Kong in conversation with Dr Wang Wenying, Secretary General at China International Economic and Trade Arbitration Commission Hong Kong (CIETAC HK) and Sarah Grimmer, Secretary General at Hong Kong International Arbitration Centre (HKIAC).… More…/更多

与大咖对话“一带一路”

Posted in Global Network

作者:Paul Starr和James McKenzie 金杜律师事务所香港办公室

Paul Starr,金杜香港争议解决和基础设施团队领导人,James McKenzie,金杜香港资深律师,与中国国际经济贸易仲裁委员会香港(CIETAC HK)秘书长王文英博士和香港国际仲裁中心(HKIAC)秘书长Sarah Grimmer谈话。 … More…/更多

New Automated Vehicle Trial Guidelines

Posted in Global Network

By Alex Maschmedt and Matthew Gardner. King & Wood Mallesons’ Melbourne office.

Two of the key policy bodies for road and vehicle use in Australia, AustRoads and the National Transport Commission (NTC), have jointly developed new “Guidelines for Trials of Automated Vehicles in Australia” (Guidelines), published on 24 May 2017.

The Guidelines are the first step in framework for reform of Australia’s transport regulatory systems to accommodate the rise of automated vehicles.… More…/更多

Who will lead Smart Cities — SMEs, MNCs or Governments?

Posted in Global Network

By Peter Bullock, Neil Carabine, Urszula McCormack and Donovan Ferguson. King & Wood Mallesons’ Hong Kong office.

We gathered senior legal, IT and infrastructure professionals representing transport, TMT, energy and consulting businesses for a roundtable discussion in Hong Kong (on an unattributable basis) around the opportunities for, and blockers to, Smart City development. We found reasons for optimism that Smart City technology would win through, along with frustration at the pace of progress.… More…/更多

“一带一路”机遇下的风险管理

Posted in Global Network

作者:Max Bonnell、Ruimin Gao和Erin Eckhoff 金杜律师事务所悉尼办公室

中国提出的“一带一路”倡议是一个高瞻远瞩的政策计划,旨在通过丝绸之路经济带和21世纪海上丝绸之路沿线五大线路,连接亚洲、欧洲和非洲的60多个国家。“一带一路”倡议覆盖近44亿人口,约占全球总人口的63%,经济总量逾20万亿美元,约占全球经济总量的30%。这一宏大的倡议预计将带动大量基础设施等项目建… More…/更多

Managing Risk along the Belt and Road of Opportunity

Posted in Global Network

By Max Bonnell, Ruimin Gao and Erin Eckhoff  King & Wood Mallesons’ Sydney office.

China’s Belt and Road Initiative is a visionary policy that aims to connect over 60 countries in Asia, Europe and Africa along five main routes of the Silk Road Economic Belt and 21st Century Maritime Silk Road. Affecting a total population of some 4.4 billion (approximately 63% of the world’s population) and generating an aggregate GDP of over USD20 trillion (approximately 30% of global GDP), it is an ambitious framework that is projected to see significant numbers of infrastructure and ot… More…/更多

Policies to protect whistleblowers in UK branches of Chinese banks

Posted in Global Network

By Vanessa Docherty and Emma Burrell King & Wood Mallesons’ London office.

From 7 September 2017, UK branches of Chinese banks must introduce internal policies to protect whistleblowers. In this update, we explain what changes will apply and what actions banks need to take.

Why are these changes being implemented?

In October 2015, the Financial Conduct Authority and the Prudential Regulatory Authority (the “UK Regulators”) required UK subsidiaries of banks and insurers to introduce internal procedures to protect whistleblowers.… More…/更多

保护中资银行英国分行举报人的政策

Posted in Global Network

作者:Vanessa Docherty, Emma Burrell 金杜律师事务所伦敦办公室

自2017年9月7日起,中资银行英国分行必须引入内部政策保护举报人。在本最新快报中,我们将解释将适用的更改及银行需要采取的措施。

为什么实施这些更改?

2015年10月,英国金融市场行为监管局(Financial Conduct Authority)及审慎监管局(Prudential Regulatory Authority)(“英国监管机构”)要求银行及保险公司的英国子公司引入内部程… More…/更多

Confessing your data breach sins

Posted in Global Network

By Michael Swinson and James Patto. King & Wood Mallesons’ Melbourne office.

Earlier this year, after several frustrated efforts, Australia finally passed new mandatory data breach notification laws in the form of the Privacy Amendment (Notifiable Data Breaches) Act 2017 (Cth) (which will come into effect on or before 22 February 2018).

While much has already been written about the Act, there is still a degree of uncertainty as to how the new regime may play out in practice. In this article, we aim to guide readers through the practical application of the laws by referen… More…/更多

“一带一路”部分沿线国家反腐败法律概述

Posted in Global Network

作者:金杜律师事务所

5月14日、15日,“一带一路”国际合作高峰论坛在北京举办。全球目光再次聚焦中国、聚焦北京。

“一带一路”沿线国家和地区大部分是处于转型中的发展中国家,是发生合规问题的高危区。

中国企业既要抓住机遇做大做强,又要迎接挑战防控风险、依法合规运营。… More…/更多

Opportunities for NAIF in Asia’s emerging middle-class

Posted in Global Network
By Stephan Cerni and Andy Wu  King& Wood Mallesons

The world’s population is projected to reach 8.5 billion by 2030 and, according to the OECD, China and India will represent roughly two thirds of the global middle class population. This exponential rate of growth is staggering when compared against the rest of the world (as illustrated in Figure 1 below).

The rising middle class growth in Asia will bring about new and increasing demands for products and funds for investment. With its close geographical proximity and reputation for high-quality good and services, Northe… More…/更多

金杜参与撰写2017《国际比较法律指南》

Posted in Global Network

作者:金杜律师事务所

《国际比较法律指南:2017年资产证券化法律》——澳大利亚、香港和中国

凭借对债务资本市场和当地情况的深入了解,以及多年来在澳大利亚和亚洲标志性资产证券化交易中提供服务的经验,我们撰写了《国际比较法律指南:2017年资产证券化法律》中的三章。 《国际比较法律指南:2017年资产证券化法律》以跨境视角切实探讨资产证券化法律法规中的常… More…/更多

Close, but no cigar: the Australia-China Extradition Treaty

Posted in Global Network

By Max Bonnell and Ruimin Gao  King & Wood Mallesons’ Sydney office

The Australian Government recently announced that it would not proceed with the ratification of the Treaty on Extradition between Australia and The People’s Republic of China (Australia-China Extradition Treaty) at the present time.

We take a closer look below at Australia’s extradition law and the key provisions in the Australia-China Extradition Treaty, which is now approaching its ten-year anniversary since it was first signed under the Howard Government.… More…/更多

KWM assists the FSDC on its recent report on “Optimising Hong Kong’s Listed Structured Products Market”

Posted in Global Network

By Richard Mazzochi and Minny Siu King & Wood Mallesons’ Hong Kong office.

What does the FSDC report recommend?

The Financial Services Development Council (“FSDC”) has just released its review of Hong Kong’s listed structured products market. The FSDC published its report on 18 April 2017. The report sets out the FSDC’s key findings following its comprehensive review of the listed structured products market, particularly in comparison to European markets.

King & Wood Mallesons, represented by Richard Mazzochi and Minny Siu, partners of KWM’s banking and … More…/更多

金杜协助金发局编制报告:优化香港上市结构性产品市场

Posted in Global Network
作者:马绍基   萧乃莹  金杜律师事务所香港办公室 金发局报告的建议为何?

香港金融发展局(「金发局」)刚发布对香港上市结构性产品市场的检讨。金发局于2017年4月18日刊发其报告。报告载列金发局在对上市结构性产品市场进行全面检讨后的主要检讨结果,特别是与欧洲市场对比的结果。

金杜律师事务所的香港银行及金融部合伙人马绍基(Richard Mazzochi)及萧乃莹(Minny Siu)代… More…/更多

Reading the Tea Leaves – Managing Regulatory Risks in China

Posted in Global Network

By Martyn Huckerby and Intan Eow  King & Wood Mallesons

Over the last 12 months a number of Australian corporates have suffered unexpected business disruption in China. For some affected entities, this has caused serious crisis at home, including the risk of class action alleging failure to adequately disclose risk and changing circumstances to the investment community. These developments have highlighted the importance of directors of Australian corporates with extensive business in China in understanding emerging regulatory and political issues in China and monitorin… More…/更多