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Asian Legal Review

We understand Legal Issues in Asia

Month: October 2023

Posted on October 19, 2023

FCA hints at ‘sensible’ reforms to UK AIFMD regime

Proposed changes to the regulation of alternative investment funds in the UK are “eminently sensible”, according to one legal expert.

Posted on October 18, 2023

Israel-Hamas war: Malaysia, Indonesia urge immediate Gaza ceasefire after hospital blast

Malaysia and Indonesia have called for an immediate stop to the violence against Palestinians and more humanitarian efforts in Gaza.

Posted on October 18, 2023

Indonesia election 2024: Jokowi’s son could run against ruling party’s VP pick as divisions widen

Indonesia’s ruling party has picked an Islamic scholar as its VP candidate amid expectations of Jokowi’s eldest son entering the election race.

Posted on October 17, 2023

Trustee ordered to pay £730k into UK pension scheme after breaches of trust

The UK’s deputy Pensions Ombudsman (DPO) has ordered a pension scheme trustee to pay over £730,000 back to the scheme, after finding multiple breaches of trust and many acts of maladministration.

Posted on October 17, 2023

Rebels in Indonesia kill 7 people during gold mine attack in Papua

Police claimed The West Papua Liberation Army (TPNPB) separatist group led by Egianus Kogoya was behind the shootings.

Posted on October 17, 2023

Malaysia’s Anwar to throw weight behind Palestinian cause on visit to Saudi Arabia, as he resists US pressure

Malaysia has long supported the Palestinian cause, advocating a two-state solution to the decades-old conflict and even hosting Hamas leaders.

Posted on October 17, 2023

What the FCA’s new ‘data-led’ approach means for UK financial services

Since Nikhil Rathi took up the reins as CEO of the FCA, the UK’s financial services regulator has regularly been telling the firms that it oversees that one of its key priorities is to make better and more innovative use of data.

Posted on October 16, 2023

Fears for Indonesia democracy as Jokowi’s son gets VP election pathway in ‘plot twist’ move by court

Jokowi’s eldest son may run as VP in next year’s election after a controversial constitutional court ruling creates a “bad precedent” for Indonesian democracy.

Posted on October 16, 2023

As Thailand gets old before it gets rich, a demographic ‘ticking time bomb’ looms

Thailand is home to more than 12 million over-60s. Low incomes, limited savings and inadequate government pensions will mean many endure extreme poverty.

Posted on October 15, 2023

New Zealand PM-elect Christopher Luxon pins economic recovery on his business skills

New Zealand PM-elect Christopher Luxon says he will lead the country’s economic recovery by leveraging his extensive business skills.

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