[ESG] OSHA Amendments and Their ESG Impact in Malaysia
The Occupational Safety and Health (Amendment) Act 2022, set to take effect on 1 June 2024, will bring key changes to the Occupational Safety and Health Act 1994 (“OSHA”) that will impact Malaysian companies’ and businesses’ ESG efforts.
Safeguarding IT Service Providers: Addressing Breach of Payment Terms in IT Contracts
Breach of payment terms is a prevalent issue in IT contracts, where customers withhold payment, alleging issues with deliverables or compliance.
Extension of Invalidity Scheme to Foreign Workers Effective 1 July 2024
Effective 1 July 2024, foreign workers in Malaysia are eligible for the Invalidity Scheme under the country’s Social Security Organisation (“SOCSO”).
PDPA 2010 AMENDMENTS APPROVED BY CABINET
On 4 July 2024, Minister of Digital, Gobind Singh Deo, announced that the Cabinet has approved the proposed amendments to the Personal Data Protection Act 2010 (“PDPA 2010”),
Post-SVDP 2.0 and the Return of the Revenue: Navigating New Challenges in Tax Audits and Investigations
With the conclusion of the Special Voluntary Disclosure Programme 2.0 (“SVDP 2.0”) on 31.5.2024[1], the Inland Revenue Board (“IRB”) has intensified its focus on ensuring tax compliance across Malaysia.
Modernisation of Malaysia’s Arbitration Legislation: A Concise Overview of the Arbitration (Amendment) Bill 2024
As the arbitration world transforms, our laws must evolve accordingly to remain relevant and effective. On 15.7.2024, the Arbitration (Amendment) Bill 2024 (Act 646) (“Bill”) was tabled for its first reading in Parliament.