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Rajah & Tann Regional Round-Up

your snapshot of key legal developments in Asia

Issue 3 - Jul/Aug/Sep 2016


VIETNAM

New Decree No. 73/2016/ND-CP Guiding the Law on Insurance Business

On 1 July 2016, the Government passed Decree No. 73/2016/ND-CP to detail the implementation of the Law on Insurance Business. The new decree sets forth new conditions that apply to investors who wish to set up an insurance business in Vietnam. The Ministry of Finance is currently in the process of drafting circulars to implement this decree.

CAMBODIA

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Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.

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