Doing Business in Emerging Markets: Legal Trends and …€¦ · Doing Business in Emerging...

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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

Transcript of Doing Business in Emerging Markets: Legal Trends and …€¦ · Doing Business in Emerging...

Page 1: Doing Business in Emerging Markets: Legal Trends and …€¦ · Doing Business in Emerging Markets: Legal Trends and Tips Asia Pacific Dominic Gyngell Vice President and Regional

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

Page 2: Doing Business in Emerging Markets: Legal Trends and …€¦ · Doing Business in Emerging Markets: Legal Trends and Tips Asia Pacific Dominic Gyngell Vice President and Regional

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

Page 3: Doing Business in Emerging Markets: Legal Trends and …€¦ · Doing Business in Emerging Markets: Legal Trends and Tips Asia Pacific Dominic Gyngell Vice President and Regional

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

Page 4: Doing Business in Emerging Markets: Legal Trends and …€¦ · Doing Business in Emerging Markets: Legal Trends and Tips Asia Pacific Dominic Gyngell Vice President and Regional

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

Page 5: Doing Business in Emerging Markets: Legal Trends and …€¦ · Doing Business in Emerging Markets: Legal Trends and Tips Asia Pacific Dominic Gyngell Vice President and Regional

Drivers of Change - Economic

Page 6: Doing Business in Emerging Markets: Legal Trends and …€¦ · Doing Business in Emerging Markets: Legal Trends and Tips Asia Pacific Dominic Gyngell Vice President and Regional

Drivers of change - social

Page 7: Doing Business in Emerging Markets: Legal Trends and …€¦ · Doing Business in Emerging Markets: Legal Trends and Tips Asia Pacific Dominic Gyngell Vice President and Regional

Ethical Compliance

Page 8: Doing Business in Emerging Markets: Legal Trends and …€¦ · Doing Business in Emerging Markets: Legal Trends and Tips Asia Pacific Dominic Gyngell Vice President and Regional

8 BT 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