RHTLaw Taylor Wessing Partner Wun Rizwi and Senior Associate Jack Ow were quoted in a Bloomberg Business article titled “A Veil of Secrecy Aids Surge in Cyber-Attacks in Asia”. The article reveals the astonishing reality that when security breaches occur in Asia, most companies don’t have the legal obligation to disclose when hackers steal personal information. This equates to about 42% of the world’s Internet users (or about 1.4 billion people), remaining in the dark about how much of their personal and sensitive data has been stolen. An article that Rizwi and Jack had written was used to emphasise a point about regulators in Asia. The full story can be found in the 29 July 2015 edition of Bloomberg Business.
Tan Chong Huat, Managing Partner of RHTLaw Taylor Wessing, was published in The Straits Times discussing the topic of elderly abuse in Singapore.
In the wake of a viral video of an alleged assault of an elderly woman, Chong Huat discusses whether current laws go far enough in protecting some of the country’s most vulnerable citizens.
Amongst other topics, Chong Huat advocates for a nationwide discussion of a mandatory reporting law, which would require citizens to report suspected cases of elderly abuse and could potentially curtail future incidents.
The full article can be found in the 25 July 2015 edition of The Straits Times’ Opinion section.
Partner Azman Jaafar authored an article entitled “Embracing Diversity in the ASEAN Economic Community” for the July edition of the Asian Legal Business (ALB).
Azman shared how the ASEAN Economic Community (AEC) has too often been the subject of unfair comparison to the European Union (EU). He highlighted that the motives of the AEC are different from the EU and at the time of the AEC’s inception, the leadership valued the diversity and inequality that already existed within ASEAN.
He added that the establishment of the AEC reflected the importance placed on ASEAN’s continued relevance in the global economy. With the AEC, ASEAN will become an important marketplace for Singapore SMEs. To stay competitive in the larger global economy, Singapore SMEs must move their businesses up the value chain and with the attraction of new foreign investments into the AEC market, there will also be opportunities for Singapore SMEs to plug themselves into a more integrated global marketplace.
The full article can be found in the July 2015 edition of ALB.
RHTLaw Taylor Wessing is pleased to announce the promotion of Ms Suleen Ding as a Partner in our Corporate Practice with effect from 1 April 2015. Suleen specialises in cross-border mergers and acquisitions, joint ventures and foreign direct investments across the ASEAN region. She has assisted clients in putting together various legal documentation such as investment agreements, subscription agreements, shareholders’ agreements, joint venture agreements and sale and purchase agreements. Suleen has also led legal due diligence teams and coordinated cross-border transactions with professional advisors located in other jurisdictions.