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posted 3 years ago
By Kareena Teh, Catherine Wong:
Over the past four years, Hong Kong has improved its ranking in the CPI, rising from 18th out of 167 jurisdictions in 2015 to 16th out of 180 jurisdictions in 2019.¹ Credit for these rankings goes to the Independent Commission Against Corruption (ICAC), Hong Kong’s main government body responsible for the investigation and prevention of corruption, for working hard to educate, investigate and bring enforcement actions, including against high profiled individuals, and to Hong Kong based organizations and people, for being vigilant and lodging complaints with the ICAC. READ FULL ARTICLE
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Note: This material has been prepared for general information purposes only and is not intended to be relied upon as professional advice for any cases. Should you need further information or legal advice, please contact us.
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![LEGAL NEWS
On 7/3/2024, the Kuala Lumpur High Court in the case of Suriati binti Mohd Yusof v CTOS Data Systems Sdn Bhd [2024] MLJU 437; CLJU 440; (Civil Suit No. WA-23NCvC-8-01/2020) ruled that credit reporting agencies are not empowered to formulate a credit score or create their own criteria/percentage to formulate a credit score.
Read more at https://globallawexperts.com/credit-reporting-agencies-are-not-authorised-to-formulate-their-own-credit-score/
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