With 2022 approaching its end, ABLI takes stock of its work in the past 12 months.
The year of 2022 saw ABLI releasing multiple heavyweight publications, starting with the Guide on the Treatment of Insolvent Micro and Small Enterprises in Asia (MSE Guide) in May. The MSE Guide, published jointly with the International Insolvency Institute, is the first best practice guide under the joint ABLI-III Restructuring Project and the first component of the Asian Principles of Business Restructuring. Adopting a unique tiered structure of policy recommendations, the MSE Guide proposes five Key Principles and six Aspirational Principles that Asian jurisdictions may consider in light of their own circumstances. The MSE Guide is freely available online, and has already been viewed more than 5,000 times.
Three other major publications joined the MSE Guide in the second half of the year. They cover both the more traditional area of the law, i.e., contract law, and the more cutting-edge fields including data protection and cryptoassets. In particular, the Contract Laws of Asia – Indemnities has seen warm reception from the in-house community, while Cryptoassets and Property Law (Singapore edition) has received very positive public feedback. We are also heartened to have been able to complete the data consent project with the Future of Privacy Forum which looks at the key issue of legal bases for processing personal data in Asia.
On the events side, ABLI continues its focus on pan-Asian content that aims to equip attendees of all backgrounds with practical knowledge relevant to their profession. This year’s events have examined, specifically, business laws in five regional jurisdictions, and compared regional experience with global know-how such as from the UK and the US. We thank our speakers and attendees for making those sessions as informative and interactive as possible.
At ABLI, we sincerely thank all the people, of which there are too many, who generously volunteered their expertise, time and effort to assist us in making the above achievements possible. We could not have done it without each and every one of you.