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

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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 the inclusion of China A-shares, this would be another significant breakthrough for China’s equity market and attract new mandates from investment funds and financial products rebalancing their asset allocation to include China A-shares.
Continue Reading MSCI’s 2017 Annual Market Classification Review due tomorrow: a recap of what’s at stake for inclusion of China A-shares

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 resolve complex disputes of substantial value. Rebecca LeBherz and Zoe Walker examine where the SICC is now, and what it achieved in its first two years.
Continue Reading The Singapore International Commercial Court – Two years on

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

starr_pPaul 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).
Continue Reading A B&R Conversation with Dr Wang Wenying and Sarah Grimmer

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.
Continue Reading New Automated Vehicle Trial Guidelines

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

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

bonnell_m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设，但是与之相伴的是无法预知的风险。

自中国国家主席习近平2013年年底宣布实施“一带一路”倡议以来，中国企业在“一带一路”沿线国家已签署超过600份工程项目合同。[1] 未来将会签署更多跨境合同，特别是在2010 – 2020 期间，预计仅在亚洲就需要约8万亿美元的基础设施建设项目。[2] 除基础设施建设及相关项目外，在“一带一路”沿线地区，物流和海事领域也可能迎来大力发展。
Continue Reading “一带一路”机遇下的风险管理

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

bonnell_mChina’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 other projects set up under its auspices. However, with such strikingly ambitious vision comes unchartered risks.
Continue Reading Managing Risk along the Belt and Road of Opportunity

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

docherty_vFrom 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.
Continue Reading Policies to protect whistleblowers in UK branches of Chinese banks

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

docherty_v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序保护举报人。
Continue Reading 保护中资银行英国分行举报人的政策