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