Legal Profession

Arbitration (Amendment) Act 2024: Code of Practice for Third Party Funding 2026

The Legal Affairs Division of the Prime Minister’s Department has since officiated and implemented the Code of Practice for Third Party Funding, with it coming into operation on 1 January 2026. The Code of Practice is an important guideline to complement the enforcement of “light touch regulatory framework”. The Code of Practice sets out the ethical standards and minimum practices that all third-party funders in Malaysian arbitrations are expected to comply with when they fund arbitration claims in return for a share of the recovery.

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The Arbitration Rules 2026: Creation of the AIAC Court of Arbitration

AIAC officially unveiled their AIAC Suite of Rules 2026 during Asia ADR Week in October 2025. The suite of rules is a comprehensive update to its institutional dispute-resolution framework, designed to be effective from 1 January 2026. This new suite spans multiple sets of rules covering arbitration, mediation, adjudication and domain-name disputes which represents a deliberate recalibration of the AIAC’s procedural architecture to align with global best practices, evolving market demands and Malaysia’s legislative context.

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Effective Redress of Electronic Commerce Disputes

The primary purpose of the Electronic Commerce Act 2006 is to provide legal recognition for electronic communications in the formation of contracts. In simple terms, it means that contracts made through emails, websites, or apps are recognised by law and are legally binding just like paper documents. The goal is to make it easier and safer to do business online by giving legal validity to electronic communications and transactions. More importantly, these electronic records can be used as valid proof to take legal action and resolve disputes.

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RWC Webreport: Forum on the Future of Work 2025

The Forum on the Future of Work 2025 (‘the Forum’) was hosted by Richard Wee Chambers in collaboration with E2 Workforce Consulting Sdn Bhd. The Forum was held at Asian International Arbitration Centre (‘AIAC’), on 11 June 2025, from 9am to 12pm.

Richard Wee Chambers (‘RWC’) and E2 Workforce Consulting Sdn Bhd (‘E2 Workforce Consulting’) entered into a Memorandum of Understanding (MoU), marking the beginning of a strategic partnership. This collaboration brings together Richard Wee Chambers’ expertise in legal matters with E2 Workforce Consulting strengths in workforce development, enabling both parties to offer comprehensive solutions that address the evolving needs of businesses and employees.

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Malaysia’s New Regulatory Framework for Social Media and Internet Messaging Platforms

Malaysia’s recent announcement to introduce a new regulatory framework for social media and internet messaging platforms with over eight million users has sparked significant debate. While the government argues that the move will enhance online safety, especially for children and families, critics fear that it may suppress freedom of expression. This commentary explores the framework’s legal implications, contrasting it with comparable laws in other nations and going over possible effects on users, platforms, and wider civil freedoms.

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Companies (Amendment) Act 2024

The Companies (Amendment) Act 2024 (“Amendment Act”) came into force on 1 April 2024, with four provisions namely on changes to the content of a company’s annual returns, changes to the kinds of companies exempted from Division 8 Subdivision I , and a new option to publish or advertise information on the CCM website to come into force at a later date. It lays out a framework for the identification of a company’s beneficial owners, and revises existing provisions on scheme meetings and corporate rescue mechanisms.

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The Cyber Security Bill 2024

By Richard Wee and Chu Kei Yuen Overview The Cyber Security Bill 2024 (“the Bill”) was passed by the Dewan Negara on 3 April 2024. The Bill aims to improve Malaysia’s cyber security by requiring…

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ALB MLA Law Awards 2021 Finalist Badge - Richard Wee Chambers

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