By Urszula McCormack and Lauren Dray. King & Wood Mallesons ‘ Hong Kong Office

mccormack__uThe global standard-setter on AML/CTF, the Financial Action Task Force (FATF) held its recent plenary meeting in Busan, Korea.

Coverage included the ongoing fight against terrorist financing (including the ISIL threat), information sharing and “de-risking” in respect of non-profits

By Luo Ai  Xie Minru  King & Wood Mallesons’ Commercial & Regulatory Group

luo_aiAn announcement from Ministry of Human Resources and Social Security of the People’s Republic of China (MOHRSS) comes out that “Letter of the General Office of the Ministry of Labor on Answer to Whether Disputes Arised from Determining Employees’ Leaving without Permission

By Xiaodan Xu and Xiu Pei King & Wood Mallesons’ Commercial & Regulatory Group

xu_xiaodanTrade unions always play a critical role in reconciling employment relationship in China, however, and enterprises often could not get to the nitty-gritty when it comes to trade union related problems due to their complexity.  In order to give you a