Doing Business in Emerging Markets: Legal Trends and Tips Asia Pacific Dominic Gyngell Vice...

Doing Business in Emerging Markets: Legal Trends and Tips

Asia Pacific

Dominic Gyngell

Vice President and Regional Counsel

Asia Pacific, Middle East and Africa

BT

Second Week of Protests in India

Army on alert

in Indonesia

Thailand’s army declares martial

law

China's activity in South

China Sea 'beyond anything previously seen’

UNREST RAGES IN

ISTANBUL

Isis Rampage

Continues

China not backing down

US intervenes In Syria

Regulation and the State

• Liberalisation v state control• Shanghai FTZ• China MOFCOM decisions• Data localisation – Malaysia, Turkey

• Protectionism v international investments• India Tax cases• Indonesia Negative List• ‘Made in India’ obligations

Data Privacy and Security

Asia data privacy regulation – its time has come • A slow start

– Hong Kong 1995, Japan 2003• Significant expansion over last four years

– India Singapore, Malaysia, South Korea, Taiwan. – Also, importantly China in 2013 for certain Industries

Drivers of Change - Economic

Drivers of change - social

Ethical Compliance

8BT Legal Governance & Compliance

Ethical Compliance – Asia Approach

UK

CENTRIC

CLARITY OF ROLES

& RESPONSIBILITIES

ADEQUATE RESOURCE

STAYING ABREAST OF LAWS

& GUIDANC

E

LOCAL CULTURE

& CUSTOM

AD HOC & PIECEMEAL PROCESSE

S

LOCAL MANAGE-

MENT BUY-IN