Energy Efficiency and Conservation Act 2024 (Act 861): Responsibilities of Energy Consumers In a significant stride towards sustainable energy use, Malaysia has enacted the Energy Efficiency and Conservation Act 2024 (Act 861). This comprehensive law is designed to...
Summary of Key Amendments to The Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (“AMLA 2001”) The Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Amendment Bill (“Bill”) was passed by...
STRENGTHENING REGULATORY COMPLIANCE: UPDATES ON THE REVISED GUIDELINES ON LABUAN MONEY BROKER BUSINESS Introduction On 9 September 2024, the Labuan Financial Services Authority (LFSA) unveiled the revised Guidelines on the Establishment of Money Broking Business in...
Illegal Deposit-Taking: A Legal Perspective on Implications and Recovery for Victims Understanding Illegal Deposit-Taking Illegal deposit-taking can be defined as an individual or entity accepting, receiving or managing deposits such as cash or precious metals without...
EU ARTIFICIAL INTELLIGENCE ACT: IMPLICATIONS FOR MALAYSIAN BUSINESSES Introduction Artificial Intelligence (“AI”) applications shape various aspects of your life in profound ways. They determine the information you encounter online by predicting the content most...
The Legal Implications of Unregistered Franchises: An Analysis of Dr HK Fong Brainbuilder Pte Ltd v SG-Maths Sdn Bhd & Ors Introduction The case of Dr HK Fong Brainbuilder Pte Ltd v SG-Maths Sdn Bhd & Ors[1] is significant in the context of Malaysian franchise...
