APAC Corporate secretarial newsletter 2023 vol.2

Our APAC corporate secretarial newsletter serves as a valuable resource to enhance your understanding and ensure compliance with the evolving regulatory environment. We bring you the latest updates on corporate secretarial matters across the region. As we navigate through the dynamic business landscape, companies and professionals must stay informed about regulatory changes, compliance requirements, and best practices in corporate governance. In this newsletter, we aim to provide you with valuable insights and updates from various countries in the APAC region.

14 July 2023 

Key highlights:

  • Australia
    • Reporting requirements and deadlines
    • Director ID requirements 
  • China
    • Catalogue of encouraged industries for foreign investment
  • Hong Kong
    • Commencement of holding of general meetings by using virtual meeting technology under the companies (amendment) ordinance 2023
    • Phase 3 of the new inspection regime to enhance privacy rights of directors and other officers under the companies ordinance
    • New licensing regimes under the anti-Money laundering and counter-terrorist financing (amendment) ordinance 2022
  • India
    • Companies (appointment and qualification of directors) amendment rules, 2023
    • Companies (appointment and remuneration of managerial personnel) amendment rules, 2023
    • Companies (share capital and debentures) amendment rules, 2023
    • Companies (Indian accounting standards) amendment rules, 2023
    • Companies (removal of names of companies from the register of companies) second amendment rules, 2023
    • Companies (compromises, arrangements and amalgamations) amendment rules, 2023
    • Companies (accounts) second amendment rules, 2023
  • Malaysia
    • Updated Section 28 form and new section 29(1) form
    • SSM - compliance by exempt private company
  • Philippines
    • Amnesty program of the Philippine securities and exchange commission
  • Singapore
    • Companies, business trusts and other bodies (miscellaneous amendments) act 2023
  • Thailand
    • Changes in the law regarding business combinations


APAC Corporate secretarial newsletter 2023 Vol.2