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UK businesses slow to tackle slavery under landmark law
LONDON: Businesses in Britain are failing to tackle modern slavery in their supply chains, with many slow to take action under a landmark law, a survey of company managers showed on Monday.
Converting of cryptocurrencies to come under anti-money laundering law
KUALA LUMPUR: Bank Negara Malaysia is developing the regulatory structure for digital currencies and from 2018, persons converting crypto currencies into fiat money currencies will come under anti-money laundering law.
US law firm seeks records from Malaysian Airlines, Boeing
NEW YORK: Malaysian Airlines and Boeing Co are facing a potential lawsuit over the Beijing-bound flight that disappeared more than two weeks ago with 239 people on board, according to a law firm representing passengers' families.
Argentina's Congress passes debt restructuring law
BUENOS AIRES: Argentina's Congress gave final approval on Thursday to a law proposing to restructure the country's debt to skirt a US court ruling that forced it into its second default in 12 years.
New Myanmar investment law soon
NAYPYITAW: A new foreign investment law should be promulgated in Myanmar soon, a senior minister said yesterday, after lawmakers compromised on certain proposals that were opposed by President Thein Sein who is keen to attract foreign companies.
Conference on construction law in KL
THE Society of Construction Law (SCL) and the Malaysian Bar Council will be holding a conference on I>International Construction Law Arbitration/Ion Saturday at Shangri-La Hotel, Kuala Lumpur.
U.S. business seeks more clarity on anti-foreign bribery law
WASHINGTON: U.S. business groups on Tuesday reignited their campaign to amend an anti-foreign bribery law by suggesting authorities should give companies additional defenses against criminal charges.
Aussie miners play down Indonesia law impact
MELBOURNE: Australian miners are playing down the impact of a new law in Indonesia limiting foreign ownership in mines to no more than 49%, even after a senior Indonesian official said the law would apply to all foreign miners.
Goldman Sachs ex-bankers "broke the law" in 1MDB case, says chief executive
SINGAPORE: Goldman Sachs Chief Executive David Solomon said on Wednesday it was "very distressing" that two former employees "blatantly broke the law" in their dealings with Malaysian state fund 1MDB.
New Zealand passes law to crack down on foreign home buyers
WELLINGTON: New Zealand’s government will ban foreigners from buying residential property, making good on its promise to crack down on offshore speculators who it says are partly to blame for spiraling house prices.
