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Hong Kong Regulatory Insurance Update February 2023
In this February 2023 edition of Regulatory Insurance Update, the Hong Kong Corporate & Commercial Team provide the latest updates relating to the law and regulations, developments, and news in the insurance industry in Hong Kong.
Ultimate beneficiary identification procedures regulations in the Sultanate of Oman
Identifying the true owners of a corporate entity is a subject that governments and institutions are increasing focusing on as a method to tackle tax avoidance, maximising sanction enforcement, and facilitating policies for anti-money laundering.
Hong Kong Regulatory Insurance Update January 2023
In this January 2023 edition of Regulatory Insurance Update, the Hong Kong Corporate & Commercial Team provide the latest updates relating to the law and regulations, developments, and news in the insurance industry in Hong Kong.
Kennedys strengthens aviation team in Singapore
We are delighted to have bolstered our aviation team in Singapore with the promotion of Anita Quy to Head of Aviation, APAC and the appointment of new partner, Tristan Thompson.
Autonomous vehicles update
The way in which people and goods travel is changing rapidly. As a new era of transport continues to unfold, Kennedys is here to keep you up to date on the latest developments and what they mean for you and your business.
Psychedelics: turn on, tune in, but no time to drop out
Recent statistics from the World Health Organisation suggest that the COVID-19 pandemic triggered a 25% increase in the prevalence of anxiety and depression worldwide, sounding a very clear warning that all countries need to vastly improve their mental health services, treatment and support. In this article, we look at how psychedelic treatment is viewed by insurers as a possible medical solution for people who suffer with major depressive disorder.
Kennedys secures top tier rankings in The Legal 500 UK 2023
Following the publication of The Legal 500 UK 2023, we are proud to announce that the firm has once again achieved impressive rankings and recognition within the latest guide to leading law firms and lawyers.
Guidelines on key compliance requirements for the Personal Data Protection Act in Thailand
After several years of delays the Personal Data Protection Act B.E. 2562 (2019) ("PDPA") came into force in Thailand on 1 June 2022. Since then, on 20 June 2022, subordinate legislation (the "Notifications") under the PDPA was issued by the Personal Data Protection Committee ("PDPC") and published in the Royal Thai Government Gazette.
These Notifications are intended to set out the various criteria and rules, as well as much needed guidance and clarification, of some key requirements under the PDPA.
Kennedys finds (re)insurers’ changing underwriting practices key to net zero transition
Today we announced the launch of our in-depth report, 'Rewriting the risk: Addressing the challenges of climate change', which finds that the underwriting practices of (re)insurers are a major catalyst for change among businesses in the ongoing climate crisis.
Rewriting the risk: Addressing the challenge of climate change
Our latest global report finds that the insurance industry has a central role in building wider understanding about climate-related risks and in mitigating against those risks.