Dear valued clients, colleagues and friends,

We are pleased to bring you the latest legal updates for June 2022.

Dispute Resolution

Minimal Curial Intervention through the lens of Hindustan Oil

Financial Services

Revised policy on granting of credit facilities

Revised foreign exchange policy notices

BNM issues exposure draft on Cloud Technology Risk Assessment Guideline (“CTRAG”)

Revision to Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework

Amended Labuan Laws

Tax & Revenue

Income Tax (The Principal Hub Incentive Scheme) Rules 2022

Income Tax (Deduction for Expenditure in relation to Industry4WRD Vendor Development Programme) Rules 2022

Rangka Kerja Audit Cukai

Rangka Kerja Audit Cukai Petroleum

Rangka Kerja Audit Cukai Kewangan dan Insurans

Sales Tax (Goods Exempted from Tax) Order 2022

Sales Tax (Rates of Tax) Order 2022

Excise Duties Order 2022

Excise Duties (Pangkor) Order 2022

Excise Duties (Tioman) Order 2022

Excise Duties (Langkawi) Order 2022

Excise Duties (Labuan) Order 2022