The Asian Development Bank's Law and Policy Reform Program is anchored on the Rule of Law.
A functioning legal system is essential to sustainable development and ensures that the benefits of growth are equitably and widely shared. It is comprised of a comprehensive legal framework and effective judicial, regulatory, and administrative institutions that establish, implement, and enforce laws and regulations fairly, consistently, ethically, and predictably.
On 24 February 2023, ADB won the Outstanding Industry Collaboration Award given by the Islamic Banking and Finance Institute Malaysia (IBFIM) in Kuala Lumpur. IBFIM recognized ADB's efforts to stengthen the capacity of Philippine regulators and private sector participants through the Islamic Finance in the Philippines Technical Assistance, supported by the Office of the General Counsel's Law and Policy Reform Program.
On 17 February, an MOU signing ceremony was held with CD Jyotsana Varma and Minister of Justice Excellency Koeut Rith to mark an important step towards operationalizing Cambodia's first commercial court which is a top priority of the MOJ.
The Asian Development Bank (ADB), in collaboration with the Ministry of Digital Development and Communications (MDDC) of Mongolia, conducted further stakeholder consultation on the draft report on e-commerce law in Mongolia last 20 January 2023 as part of the Technical Assistance on Enabling a Conducive Environment for the Digital Economy of the Law and Policy Reform of ADB. The report reviews the legal framework for e-commerce in Mongolia and provides recommendations for further enhancement and international harmonization.
The Asian Development Bank, INSOL International, Singapore Management University, The University of Cambridge's Centre for Corporate and Commercial Law, and The University of Chicago's Center on Law and Finance will convene the Strengthening Insolvency Systems in Asia and the Pacific Conference on 15–16 December 2022. Gathering industry experts and academics, this event seeks to analyze how countries in Asia and the Pacific can strengthen their insolvency and restructuring frameworks, taking into account the legal, market, and institutional features existing in a particular jurisdiction.
The Asian Development Bank (ADB), in partnership with the Superior Council of Judicial Magistrates, will hold trainings for Court of Appeal and district court judges on gender sensitization and violence against women and girls laws and procedures, including international best practices. In developing the training modules, ADB conducted extensive stakeholder consultations to gain an understanding of law and practice in relation to gender-based violence (GBV), experiences of survivors and the social and cultural norms most relevant to GBV in Timor-Leste, as well as held focused group discussion with judges to hear about their challenges. The trainings are supported under ADB’s regional technical assistance on the Promotion of Gender-Responsive Judicial Systems implemented by Office of the General Counsel’s Law and Policy Reform Program.
The Asian Development Bank (ADB), in partnership with the National University of Management in Cambodia, will conduct an in-person TTT program in Siem Reap on 8-9 December 2022. This training aims to update participating environmental law teachers with best practice concepts in pedagogy, share lessons learned on distance learning and online pedagogy innovations learned during the COVID-19 pandemic, and introduce the draft Model Environmental Law Curriculum for the Greater Mekong Subregion.
As a culminating event under the current phase of ADB’s Developing Environmental Law Champions Program, this Regional Roundtable will be held to do a stock-take of environmental legal education in the Asia and the Pacific including an assessment of ADB’s Developing Environmental Law Champions Program. Furthermore, it will be an opportunity to collectively consider the preferred future of environmental law teaching.
Asian Development Bank (ADB) and the Royal Academy of Judicial Professions of Cambodia (RAJP) will hold consultations on 30 November on training judges to adjudicate commercial law disputes. The consultation meeting forms part of an ongoing ADB technical assistance program entitled Strengthening Judicial Capacity Towards Sustainable Economic Development in Asia and the Pacific.
On 29 November, ADB and the Ministry of Justice held Cambodia’s first-ever Commercial Courts Symposium on operationalizing effective and efficient commercial courts, as part of overall support under CARM's Trade and Competitiveness Program and OGC's Law and Policy Reform Program. The Symposium convened over 120 senior government officials, judges, business leaders and international experts to exchange knowledge about experiences and lessons learned in developing commercial courts around the world.
ADB and Cambodia’s Ministry of Justice will hold a symposium, Operationalizing Effective and Efficient Commercial Courts – Sharing Experiences on Good Practices, Challenges and Lessons Learned in Phnom Penh on 28 November 2022 at the Raffles Hotel Le Royal.
A high-level delegation from the International Institute for the Unification of Private Law (UNIDROIT) will visit ADB headquarters and a special session will be held with ADB staff to shed light on important international private law developments relating to private sector development, trade and sustainable development. In particular, the UNIDROIT experts will cover legal instruments that can help increase access to credit especially in the agriculture sector and discuss the emergence of digital assets and their implications. ADB and UNIDROIT will consider the prospects for these legal instruments in the Asia and the Pacific context and explore collaboration opportunities.
In 2021, upon the request of the LEB, the Asian Development Bank (ADB), the United Nations Environment Programme, and the IUCN Academy of Environmental Law, supported a 12-week capacity development program for more than 100 legal educators from across the Philippines. This Environmental Law Teachers Online Training Program ran from September 22 to December 8, 2021, and covered curriculum development and best practice in environmental and climate change law teaching.