On 21 November 2025, Singapore’s Ministry of Foreign Affairs announced the imposition of targeted financial sanctions and entry bans against four (4) Israeli settlers for their involvement in acts of violence against Palestinians in the West Bank. On the same day, the Monetary Authority of Singapore (MAS) issued a notice setting out the sanctions measures and details of these designated individuals. Pursuant to the notice, Singapore financial institutions are prohibited from, directly or indirectly, establishing…
In brief On 14 July 2025, Malaysia’s Ministry of Investment, Trade and Industry (“MITI”) issued Directive No. 1/2025 (“Directive”), imposing controls on the export, transshipment, and transit of high-performance AI chips. The Directive is issued under Section 12 of the Malaysian Strategic Trade Act 2010 (“STA 2010”), which provides for a “catch-all” control mechanism, allowing MITI to regulate unlisted items where there is knowledge or reasonable belief that they may be used in connection with…
On October 19, 2024, China formally published the new Regulations on Export Control of Dual-Use Items (“Regulations”), which will take effect on December 1, 2024. These Regulations which are aimed at implementing the dual-use export controls under the Export Control Law (“ECL”) introduced in 2020, will replace the existing two-decade-old legacy regulations on dual-use export controls. Compared to the legacy regulations, these new Regulations are more closely aligned with the ECL framework and contain implementation…
We are thrilled to announce the return of Baker McKenzie’s Asia Pacific Trade Conference, the premier flagship event for our Trade Practice Group in Asia Pacific where trade experts from 10 APAC jurisdictions will discuss the evolving geopolitical and trade regulatory landscape effecting supply chains in APAC. This conference is designed to equip you with the essential knowledge for navigating the ever-changing landscape as we share best practices for ensuring on-going compliance with trade and…