EY Asia-Pacific Digital Law Newsletter (4th Edition)

In this edition of the Asia-Pacific Digital Law Newsletter, we explore AI-related legal developments in a number of jurisdictions across the Asia-Pacific. Given both the hype around and potential of AI, we are seeing a few jurisdictions across the region introducing guidance, with some considering ethical frameworks and some new laws (or amendments to existing … More EY Asia-Pacific Digital Law Newsletter (4th Edition)

Are you “Age Ready”? Preparing for Ageism and the Workplace

We are living longer, eating healthier, exercising regularly and enjoying a more active lifestyle into our 80s and beyond. What does this mean for our state-run pension systems? It certainly means that more money will be required to finance people’s retirement for more years than ever imagined. What does this mean in terms of legislation? … More Are you “Age Ready”? Preparing for Ageism and the Workplace

Transaction analytics can reveal insights across the divestment life cycle

According to the EY Global Corporate Divestment Study, the intent to divest remains at record levels – 84% of companies plan to divest within the next two years, consistent with last year’s record of 87%. At the same time, 63% admit they have held onto some assets for too long when they should have been divested. … More Transaction analytics can reveal insights across the divestment life cycle

Platform mergers: Getting the deal through

Big Tech critics are calling for a more rigorous enforcement of competition rules when reviewing platform mergers. In response, European Commission officials seem to be keen to define new legal tests, analytical methods and possibilities for reinterpreting existing rules to review platform mergers. The European Commission’s Chief Competition Economist in a recent presentation specifically referred … More Platform mergers: Getting the deal through

Legal challenges are shaping cyber insurance discussions

The latest EY Global Information Security Survey reveals that only 65% of organizations believe they have cyber insurance that meets their needs. Two recent, significant, legal actions indicate that as cyber threats and their associated risks increase, even the remaining 35% of organizations may not be adequately covered by insurance. The two cases raise a … More Legal challenges are shaping cyber insurance discussions

Buyer beware. Cybersecurity due diligence for transactions

In the context of a transaction, it is common to focus due diligence on areas such as tax, employment and real estate. Devices enabling connectivity and the adoption of digital technologies (robotic process automation, artificial intelligence, etc.) have increased companies’ vulnerability to a security breach. The connected ecosystem, together with growing regulatory scrutiny of data … More Buyer beware. Cybersecurity due diligence for transactions

Fresh perspectives for foreign investors in China

Chinese legislators hope to formulate a fundamental new law on foreign investment that complies with the economic development of China. The new law adapts the Chinese legal framework to the development and requirements of international rules, thereby creating a more stable, and transparent legal environment for foreign investment. This marks the end of the Sino-Foreign … More Fresh perspectives for foreign investors in China

Power and Utilities: meeting the challenges of transformation

The Power and Utilities (P&U) sector is undergoing a transformation that is affecting everything from how energy is produced and who generates it to how it is bought, sold and distributed. As a result, the tax landscape must change. Tax can be a key factor in transformational change, influencing where, when and how investments are made. … More Power and Utilities: meeting the challenges of transformation

Multi-jurisdictional Labor and Employment Law update

Most countries have anti-discrimination laws, and no two jurisdictions apply the same approach. This shows the real complexity in dealing with discrimination in a global world, where different cultures intersect and where the definition of discrimination varies across borders. Even in the European Union – which is subject to a universal Directive on discrimination – each Member State operates under its … More Multi-jurisdictional Labor and Employment Law update