Written by:John Shum, Haoqing(Elle)Zhang(Singapore Office

ESG investing is a form of investment strategy that considers and integrates environmental, social and governance (ESG) factors into the investment decision-making process.  The term ”environmental” often deals with issues such as climate change and renewable energy, while “social” often covers

2021年9月15日,中国人民银行与香港金融管理局联合发布公告,决定内地与香港债券市场互联互通南向合作(简称“南向通”)将于2021年9月24日正式上线。在“南向通”框架下,内地机构投资者可经由内地与香港相关基础服务机构在债券交易、托管、结算等方面互联互通的机制安排,投资于香港债券市场交易流通的债券。“南向通”是中央政府支持香港发展、推动内地与香港合作的又一项重要举措,有利于内地机构投资者拥有更多的投资渠道,有利于稳步推动我国金融市场双向开放,有利于支持香港提升竞争优势,巩固国际金融中心地位,保持长期繁荣稳定。
KWM supports the upcoming launch of the bond market “Southbound Trading”, further promoting the two-way opening up of China’s financial markets.
Continue Reading 债券市场“南向通”即将上线,进一步推动我国金融市场双向开放

The Patentee KONINKLIJKE PHILIPS N.V. is a world-renowned company and has been a world leader in the field of consumer health and home care. Since the launch of the first Philips bulb more than 120 years ago, innovation and people-orientation have been at the core of the company’s motivation. This innovation has undoubtedly attracted consumers enormously, and innovative products have infiltrated people’s daily lives.
Continue Reading Determination of Invention Patent as Prior Design in Invalidation Proceedings of Design Patent

On 18 August 2021, the Supreme People’s Court of the P.R.C. issued the “Interpretation of the Supreme People’s Court on Several Issues Concerning the Application of the Anti-Unfair Competition Law of the People’s Republic of China (Draft for Comments)” (hereinafter referred to as the “Draft for Comments”) for public review and opinions. The Draft for Comments represents the Supreme Court’s first move of making comprehensive amendment of the “Interpretation of the Supreme People’s Court on Several Issues on the Application of Law in Hearing Civil Cases Regarding Unfair Competition” (hereinafter referred to as the “2007 Judicial Interpretation of the Anti-Unfair Competition Law” or “2007 Interpretation”), which has been in effect since 2007. The Draft for Comments accommodates the 2017 and 2019 amendments of “Anti-Unfair Competition Law of the People’s Republic of China” (hereinafter referred to as the “Anti-Unfair Competition Law”) and reflects on and summarizes the relevant rules in judicial practice over the past few years.
Continue Reading Highlights of the Draft for Comments of the Judicial Interpretation of the Anti-Unfair Competition Law of the P.R.C.

Now is the time for lenders and borrowers to focus on LIBOR transition.  Based on KWM’s extensive experience in representing APLMA, major banks and corporates (including international and PRC-based) on their LIBOR transition projects, below are our answers to some frequently asked questions about USD LIBOR and Secured Overnight Financing Rate (SOFR) loans.
Continue Reading LIBOR transition and SOFR loans: answers to frequently asked questions

The PRC Ministry of Justice issued an exposure draft of the new Arbitration Law (the “Exposure Draft”) on July 30, 2021, for public comment. The Exposure Draft reflects significant improvements to the current Arbitration Law (enacted in 1994 with two amendments afterwards). The aim of these improvements are to harmonize Chinese international arbitration law with well-established international arbitration practice.  In this article, we excerpt four of the most salient changes proposed by the Exposure Draft to Chinese arbitration law and discuss the impact this may have on Chinese arbitration law and practice going forward. It should be noted that the Exposure Draft has not yet entered the review process of the National People’s Congress (an official enactment procedure) and is therefore not yet law and could be subject to change; we will continue to follow and provide guidance on any future updates to the new Arbitration Law.
Continue Reading A Glimpse on the Highlights of the Exposure Draft of the New PRC Arbitration Law