2024年9月20日，马来西亚第二财政部长拿督斯里阿米尔韩沙•阿兹占宣布在柔佛州的森林城市设立新的金融特区（又称“SFZ”）。一系列激励措施已被推出，以吸引企业和人才进入这一新的金融特区，尤其是针对家族财富管理办公室及更广泛的金融行业。以下是已概述的主要激励措施。
On 20th September 2024, Malaysia’s Minister of Finance II, Datuk Seri Amir Hamzah Azizan, announced the establishment of a new Special Financial Zone (‘SFZ’) in Forest City, Johor. A range of incentives have been introduced to attract businesses and talent to this new SFZ, particularly, targeting industries such as family wealth offices and the broader financial sector. Below are the key incentives that have been outlined.
Written by Loh Zheng Feng Introduction In tandem with the Asean Guide on AI Governance and Ethics, Malaysia unveiled its National Guidelines on Artificial Intelligence Governance & Ethics (‘AIGE’) on 20 September 2024. This comprehensive…
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.
Malaysia My Second Home (‘MM2H’) is a distinguished initiative endorsed by the Ministry of Tourism Malaysia, aimed at promoting Malaysia as an appealing destination for potential residents from around the globe. This program offers non-Malaysian expatriates and retirees the opportunity to reside in Malaysia, providing them with a social visit pass and a multiple-entry visa issued by the Malaysian Immigration Department.
The Personal Data Protection Act 2010 is Malaysia’s primary legislation governing the processing of personal data in commercial transactions. Its main purposes are: to protect the personal data of individuals in commercial transactions; to regulate the processing of personal data; and to prevent misuse of personal information.
In light of the rapidly growing trend of ESG and its growing influence on global business practices which led to the existence of a vacuum of information on ESG, this article serves as an update to our previous discussions on the topic. Rather than revisiting the fundamentals of ESG, we will focus on an update of recent developments, with particular attention to changes within Malaysia’s commercial and legal framework, alongside significant global trends.
In recent years, the Asian International Arbitration Centre (AIAC) has experienced a notable increase in its caseload. For instance, in 2023, AIAC handled a total of 873 matters, both registered and pre-registered, compared to 810 matters in 2022. This upward trend highlights the growing reliance on arbitration for dispute resolution.
Alternative dispute resolution (ADR) has been around for many years and as the name suggests has often been used as an alternative to traditional litigation.
Written by Richard Wee and Ding Huoy Huoy In March 2022, the Digital Markets Act (“the DMA”) was approved by the European Parliament to limit the power of the large tech companies in the digital…