National Industry Environmental, Social & Governance Framework (i-ESG)

In recent months, the Ministry of Investment Trade and Industry (“MITI”) introduced the National Industry Environmental, Social & Governance Framework (i-ESG). This is an active step taken by the government in embracing ESG. Between the years of 2024 to 2026, the ‘Just Transition’ phase aims to support industries to embark on the ESG journey by providing guidelines, capacity building and outreach programmes, mentoring and financing.

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European Union Artificial Intelligence Act

On the 9th of December 2023, the Parliament and Council of the European Union reached a provisional agreement on the Artificial Intelligence Act. In short, the regulation aims to sustain fundamental rights, democracy, the rule of law and environmental sustainability are protected from high risk AI.

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Duty of Care for Banks — Extended: An Update

A bank is where customers deposit their money for safekeeping. As such, a bank, since its inception has always been regarded as a guardian of its customers’ monies. It therefore is quite natural that a bank owes a duty of care towards its customers. Accordingly, in performing its duties, a bank ought to exercise reasonable care and skill as such. However, recent developments in Malaysian jurisprudence have resulted in a limitation of this duty of care to customers only.

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AIAC introduces Asian Sports Arbitration Rules

Reported by Tai Sher Lynn The Asian Sports Arbitration Rules (“the Rules”) were cultivated in tandem with the spirit of the utilisation of Alternative Dispute Resolution (“ADR”) mechanisms to resolve disputes within the realm of…

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Right to Life or Punishment of Offender?

Written by Richard Wee, Fatin Ismail, Ng Chin Yang and Lim Zhi Ying Introduction In Malaysia’s journey towards reforming the policies of mandatory death penalty and life imprisonment, two Acts, namely, the Abolition of Mandatory…

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ALB MLA Law Awards 2021 Finalist Badge - Richard Wee Chambers

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