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THE LEGAL 500 > EVENTS > ASEAN Horizon Summit 2017

ASEAN Horizon Summit 2017

Hogan Lovells Lee & Lee together with GC Magazine hosted the second annual ASEAN Horizon Summit on April 20, 2017 in Singapore. Bringing together general counsel, business leaders and prominent figures from the legal space, the summit explored the challenges and opportunities for businesses operating in South East Asia.

The event is part of a broader thought leadership series that provides a platform for business leaders to explore topics critical to the competitiveness of the ASEAN region and its attractiveness as a place to do business.

Managing Partner of Hogan Lovells Lee & Lee, Stephanie Keen delivered a short scene-setting speech to the summit, saying that ‘2016 was a year of unprecedented political, economic and social upheaval around the world. 2017 appears to be showing no signs of the change relenting, as we have recently seen in the UK, with a snap general election schedule for early June, adding to the planned French and German elections’

GC Magazine editor Alex Speirs moderated the first panel discussion of the day, ‘recalibrating the global trade compass’. Panellists Deborah Elms, head of the Asian Trade Centre, Damian Chalmers, professor at the National University of Singapore, and Veronica Lai, general counsel at Starhub, looked at the implications of the turbulent past year and what shifting geo-political relationships mean for the global economy, and more importantly for those in attendance, for South East Asia.

‘From the unlikely election of Donald Trump, which followed the British population voting to leave the European Union, the 1MBD corruption scandal in Malaysia, the death of the king of Thailand and now the former president of South Korea facing a possible life sentence in prison - if there was one constant in the past year, it was constant change’, said Speirs, opening the session.

The second panel session, 'Regionalization and localization in ASEAN: challenges and lessons learned', was moderated by Alexander McMyn, a partner in Hogan Lovells Lee & Lee’s Singapore banking practice, He was joined on the panel by Samantha Campbell, who manages Hogan Lovells Vietnam practice, and Locknie Hsu, a professor of law from Singapore Management University School of Law.

This discussion focused on the new balance between the power of a global platform and the benefits of regional, or even local, focus and some of the legal implications that it would have on corporates operating in ASEAN.

‘Our clients know the driving force behind much of their success over the years has been globalization. But we are seeing a realization that globalization is not working for everyone. This is driving a re-think of their strategy,’ said McMyn.

If you are interested in attending the 2018 ASEAN Horizon Summit, please contact alex.speirs@gcmagazine.com or idan.moskovitch@hoganlovells.com