Nigel Sharman
Articles
The Fall of POGOs: Behind the facade of legality in the Philippines offshore gaming space | JD Supra
Aug 19, 2024 |
jdsupra.com | Nigel Sharman
Under the administration of former President Rodrigo Duterte, POGOs were seen as a strategic initiative to generate revenue and to tap into the lucrative regional gaming market. Given the restrictions and prohibition on gaming in many Asian jurisdictions, POGOs could attract players to offshore platforms operated within the Philippines, bringing in substantial revenue through taxes and licensing fees.
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Aug 13, 2024 |
jdsupra.com | Karina Syahril Antonio |Mochamad Kasmali |Nigel Sharman
As an overview of the current investment climate, it was revealed that the year-on-year growth of 22.3 per cent was a result from IDR678.7 trillion (approximately US$42 billion) in first semester of 2023 to IDR829.9 trillion (US$52 billion) in the first semester of 2024. The countries that contributed the most to foreign investment in the first semester of 2024 are Singapore, China, Hongkong, the United States (U.S.), Japan and South Korea.
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Jul 31, 2024 |
jdsupra.com | Nigel Sharman
The Hong Kong Court of First Instance has sentenced two people to six years and eight months in prison and a third to four years and four months in the city’s harshest crackdown yet on those perpetrating a so-called “pump and dump” scheme. Sit Yi Kit and Tam Cheuk Hang received the greater sentence whilst Lam Wing Ki received the lesser sentence.
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Jul 31, 2024 |
lexology.com | Nigel Sharman
A Hong Kong court has sentenced three market manipulators to periods of imprisonment of up to six years and eight months after they were found guilty of conspiracy to carry out false trading in the shares of a Hong Kong listed company. The sentence is the longest to be imposed for market manipulation since the Securities and Futures Ordinance (SFO) came into effect in 2003.
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Jun 26, 2024 |
jdsupra.com | Nigel Sharman
June 26, 2024 To embed, copy and paste the code into your website or blog: [co-author: Bethan Savage]A Hong Kong court has reiterated that an arbitral tribunal enjoys a wide discretion as to the procedure it adopts, and repeatedly deciding matters, such as whether to hold an oral hearing, in one party's perceived "favour" does not indicate that the tribunal is biased.
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