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Competition Law and Shareholder Stewardship: Collaboration Among Businesses as a Driver of ESG?

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Competition Law and Shareholder Stewardship: Collaboration Among Businesses as a Driver of ESG?

 

 

 

 

SYNOPSIS

Baker McKenzie and the SMU Centre for Commercial Law in Asia are proud to bring you this exciting seminar series focusing on sustainability and commercial law.

In the first seminar of the series, distinguished speakers discussed business opportunities and sentiments on the advancement of ESG initiatives across the Asia Pacific region. In the second seminar, we heard market and thought leaders discuss the key issues surrounding ESG reporting and disclosures for businesses operating in the Asia Pacific region.

For our third and final seminar of the series, our panel of experts from ClientEarth, the Malaysia Competition Commission, and the Singapore Management University will explore the following themes:

  • Shareholder stewardship as a potential driver of ESG in corporate governance
  • The role of Singapore's competition and consumer protection laws and policies when businesses collaborate to pursue common ESG goals
  • The Malaysia Competition Commission's current initiatives in relation to competition law and sustainability
  • Sustainability and competition law guidance for competition authorities in the ASEAN Regional Guidelines on Competition Policy and Law

PROGRAMME

Time (SGT) Event

10:00am

Registration and sign-in

10:30am

Introductory Remarks
Harikumar Pillay (Baker McKenzie Wong & Leow)

10:35am

Presentations

Dan W. Puchniak (Singapore Management University)
- "The False Hope of Shareholder Stewardship in the Context of ESG: An Asian and Global Legal Misfit"

Iskandar Ismail (Malaysia Competition Commission)
- "MyCC - Initiatives on Competition Law and Sustainability

Sean Tseng (ClientEarth)
- "Environmental Sustainability: The Role of Singapore's Competition and Consumer Protection Laws and Policies"

Looi Teck Kheong (formerly of ASEAN Secretariat)
- "Opportunities and Challenges in SE Asia on promoting sustainability and competition policies"

11:35am

Panel Discussion / Q&A Session

Moderator: Harikumar Pillay (Baker McKenzie Wong & Leow)

12 noon

End of Event


MODERATOR

Harikumar Pillay
Principal, Antitrust & Competition
Baker McKenzie Wong & Leow

Hari is a principal in the Mergers & Acquisitions Practice Group at Baker McKenzie Wong & Leow. His practice covers competition law and regulation-related advisory work in Singapore and the Southeast Asia region. Hari was the Director of the Enforcement Division at the Competition and Consumer Commission of Singapore (CCCS), where he supervised the CCCS's Intelligence Unit and IT Forensics Taskforce, in addition to the supervision of case teams on various investigations, mergers and notifications. He was also responsible for managing leniency applications made to the CCCS, overseeing the secret complainant and reward schemes, planning and executing dawn raids, and recording investigative statements of persons under investigations. Hari led teams involved in defending appeals brought against the CCCS's decisions before the Competition Appeals Board.

Prior to joining Baker McKenzie Wong & Leow, Hari completed stints in private practice and as a Justices' Law Clerk with the Singapore Legal Service.


SPEAKERS

Dan W. Puchniak
Professor of Law
Singapore Management University

Dr Dan W. Puchniak is a Professor and the Director of the Centre for Commercial Law in Asia at the Yong Pung How School of Law (YPHSL) at Singapore Management University, and a Research Member of the European Corporate Governance Institute. Dan is an internationally recognized scholar in the field of comparative corporate law and governance, with a focus on Asia. He has received numerous domestic and international awards for his academic research and teaching. Dan has held visiting academic positions at leading universities around the world, including Chulalongkorn University, Columbia University, Lomonosov Moscow State University, Melbourne University, Nagoya University, Oxford University, Queen's University, Reichman University, Seoul National University, Stanford University, University of Chicago, University of Tokyo, University of Trento, University of Victoria, Vanderbilt University, and Yangon University. He has advised international organizations on the development of corporate law in Asia, served as an expert in high stakes complex corporate law disputes in Asia, and his research has been cited several times by Singapore's apex court.

Prior to joining YPHSL, Dan was an Associate Professor at the National University of Singapore where he served as the Director of the Centre for Asian Legal Studies, Editor-in-Chief of the Asian Journal of Comparative Law, and Director for Corporate Law at the EW Barker Centre for Law & Business.

Iskandar Ismail
Chief Executive Officer
Malaysia Competition Commission

Iskandar Ismail was appointed as the Chief Executive Officer for MyCC on 15 October 2018 after serving as the Director of Investigation and Enforcement Division for more than 5 years. When he joined MyCC, he brought along with him vast experience across a broad range of international and domestic domains, including human rights, war crimes, genocide, financial crimes, economic and law.

Prior to joining MyCC, he was an Assistant Trial Attorney with the United Nations for the International Criminal Tribunal for Rwanda in Tanzania for 8 years, prosecuting genocide and serious violations of international human rights laws. In the earliest part of his career, Mr Iskandar honed his legal and economic skills and developed his international experience at the Central Bank of Malaysia, where he was part of the pioneering prosecuting team for financial crime cases. He is currently listed in the Justice Rapid Response expert roster, a professional service provider to entities that have the jurisdiction or mandate to investigate fact-find or carry out inquiries wherever mass atrocities may have occurred.

He received his education both locally and abroad where he read law at the International Islamic University, Malaysia and pursued a master’s degree in International and Comparative Law at the George Washington University Law School, Washington DC.

Sean Tseng
Legal Consultant, ClientEarth
Adjunct Research Fellow, Asia-Pacific Centre for Environmental Law (APCEL), National University of Singapore

Sean is a Legal Consultant with ClientEarth as well as an Adjunct Research Fellow at APCEL. He holds a Masters of Law in Environmental Law & Policy from University College London (Distinction), at which he was awarded the Francis Taylor Building Prize for Best Overall Mark and the Maxi Alexander Prize for Research (2019-2020). Sean's work focuses on the use of corporate and financial laws to promote climate ambition within the private sector in Asia. This includes research, analysis, and the formulation of legal strategies surrounding the emerging developments in directors' fiduciary duties, shareholder engagement, and prudential law and regulation. Sean previously worked as a corporate and commercial disputes lawyer at Allen & Gledhill and has undertaken research projects for the United Nations Environment Programme.

Sean was the 1st Prize winner (Open Category) of the CCCS-ESS Essay Competition 2022, which featured the topic of "Environmental Sustainability: The role of competition and consumer protection laws and policies".

Looi Teck Kheong
Ex-Head, Competition, Consumer Protection and Intellectual Property Rights Division
ASEAN Secretariat

Teck Kheong was Head of Competition, Consumer Protection and Intellectual Property Rights Division (CCPID) under the Market Integration Directorate of the ASEAN Economics Community Department, the ASEAN Secretariat. 

Teck Kheong has numerous years of professional experience spanning private practice as well as an in-house counsel, acting, amongst others, for a triple A global banking corporation in their regional Head Office for the Asia Pacific Region. He has an LLB (Hons) and 3 Masters degrees respectively in Law (LLM), Public Policy (MPP, Temasek Scholar) and Economics (M Soc Sci (App Econs), specializing in Economic Policy & Development) from the National University of Singapore. He was also a Pre-University ASEAN Scholar.

      

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DATE

13 March 2023 (Monday)


TIME

10:30am to 12 noon
(Singapore time)


FEES

Complimentary


VENUE

Zoom Webinar


LEARNING CREDITS

Singapore: 1.5 Public CPD Points

Hong Kong CPD points have been applied with the Law Society of Hong Kong.

US CLE credits are also available for this program.

For specific instructions, please click here.


PRACTICE AREA

Competition Law


TRAINING LEVEL

General



SILE ATTENDANCE POLICY

Participants who wish to obtain CPD Points are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, this includes logging in at the start of the webinar and logging out at the conclusion of the webinar in the manner required by the organiser, and not being away from the entire activity for more than 15 minutes. Participants who do not comply with the Attendance Policy will not be able to obtain CPD Points for attending the activity. Please refer to http://www.sileCPDcentre.sg for more information.

In the course of the event, screenshots, photographs, videos and interviews of participants could be taken and conducted by the organisers or parties appointed by the organisers for the purpose of post-event publicity, either in the organisers' official publication or website, social media platforms or any third party's publication, website or social media platforms approved by the organisers.

 

JOINTLY ORGANISED BY

 

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