Asian Legal Review

Malaysian anti-corruption authorities have opened two investigation papers into a man bearing the title “Tan Sri” over his alleged involvement in a large-scale investment fraud amounting to more than 300 million ringgit (US$75 million).
The Malaysian Anti-Corruption Commission (MACC) had arrested two individuals and carried out searches at five premises around the Klang Valley earlier in the week following information received.
Preliminary investigations found that between 2021 and 2024, nearly…

UPDATED: Luxembourg is set to overhaul its carried interest tax regime to better attract active fund management and other front-office talent, after a new law was voted in on 22 January.

AusEnergy Services Limited (ASL) is seeking market feedback on a proposed long-term energy service agreement (LTESA) for hybrid projects, particularly solar plus battery projects, in New South Wales.

Tim Leissner, the former Goldman Sachs banker who admitted his role in one of the largest financial frauds in history, is seeking a presidential pardon before he surrenders to a federal prison in the US.
Leissner filed his pardon application to the US Justice Department last year, according to a notice on the DOJ website. It was submitted between September 3 and November 18, according to archived copies posted on lawyeroyer.com.
Leissner, Goldman’s former Southeast Asia chairman, pleaded guilty…

The recent drama surrounding US action in Venezuela, its renewed interest in Greenland and tariff threats on governments that object, along with comments on Cuba, Colombia and Mexico, appear disjointed – part diplomacy, part law enforcement, part political theatre.
Like many observers, I rely on the news to try to make sense of the policy logic and what it may mean for those who have to live with its consequences.
Washington’s rationale for its actions in Venezuela was initially framed as law…

The Supreme Court has ruled that a contractor does not have the immediate right to terminate a construction contract simply because a client has made two late payments.

Financial services firms operating in the Dubai International Financial Centre (DIFC) have been instructed to significantly enhance the way they identify, manage and mitigate conflicts of interest following the publication of a comprehensive thematic review by the Dubai Financial Services Authority (DFSA).

Former prime minister Han Duck-soo’s conviction and unexpectedly harsh prison sentence have sent shock waves through South Korea’s establishment and cast a shadow over impeached ex-president Yoon Suk-yeol, awaiting his own verdict next month.
Analysts say the ruling not only dismantles Yoon’s legal narrative that his short-lived martial law decree fell within presidential authority, but also signals that the courts are prepared to impose the heaviest penalties yet for what they formally define…

A 26-year-old Malaysian has been deported from Australia after border authorities found over 100 images of child sexual abuse material (CSAM) on his mobile phone.
The man arrived in Sydney and was selected for a device examination by the Australian Border Force (ABF).
“On his phone, officers allegedly found over 100 images of CSAM, including anime and AI-generated pictures,” the ABF said in a statement.
“The man was detained for questioning then sent back to Malaysia. This also resulted in the…

Strict new legal restrictions holding digital platforms, internet service providers and children’s caregivers responsible for preventing children from accessing offensive material, are now effect in the UAE, entering into force on 1 January.