APAC corporate secretarial newsletter 2023 vol.2

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