News
Asian Development Bank Collaborates with Indonesian Stakeholders on the Model Forest Act Initiative
The Model Forest Act Initiative held a pivotal week of intensive work and knowledge sharing in Indonesia on 26-30 July 2024, bringing together leading experts in forest law and policy to refine the draft Model Forest Act and engage with key stakeholders.
Inaugural Cohort of Internationally Certified Filipino Islamic Finance Professionals Honored at Historic ADB-Philippine Government Ceremony
On 19 July 2024, the Asian Development Bank (ADB) and the Government of the Philippines convened a historic ceremony at ADB Headquarters for the inaugural cohort of 138 Filipinos who earned internationally recognized qualifications in Islamic finance from the Islamic Banking and Finance Institute Malaysia (IBFIM). All graduates—representing financial, regulatory, policymaking, and Islamic institutions across the Philippines—have successfully completed the Associate Qualification in Islamic Finance (AQIF). Additionally, seven AQIF holders advanced to earn the Intermediate Qualification in Islamic Finance (IQIF).
Asian Development Bank Trains Justice Officers in Timor-Leste to Effectively Investigate Cases Involving Violence Against Women and Girls
The Asian Development Bank (ADB) partnered with Timor-Leste's Public Prosecution Service to deliver a comprehensive training program on investigating cases involving violence against women and girls (VAWG). This initiative is part of ADB's ongoing effort, through the Law and Policy Reform Program, to strengthen the country's judicial system's response to VAWG.
Psychological Perspective on Offenses Against Women and Children
In these interviews, psychologists address the critical issues surrounding children in legal proceedings for offenses against women and children. Experts discuss the power imbalances that affect children's testimonies, the profound impact of witnessing domestic violence, and the complex reasons behind the silence of sexual assault victims. The interviews present valuable insights from a psychological perspective that can help build capacity for prosecuting offenses and responding to vulnerable populations.
Asian Development Bank Presents Draft Insolvency Code and Concept Paper to Armenian Stakeholders
On 8-9 June 2024 in Tsaghkadzor, Armenia, the Asian Development Bank's Office of the General Counsel’s Law and Policy Reform Program, in collaboration with the Ministry of Justice of Armenia and the Armenian Resident Mission, held stakeholder consultations on the development of a new insolvency code.
ADB Presents the Model Forest Act Initiative at the 19th Session of the UN Forum on Forests
ADB's Law and Policy Reform Program, together with the United Nations Environment Programme, presented the Model Forest Act Initiative (MoFAI) to UN member states, permanent observers and regional and international organizations at the 19th Session of the UN Forum on Forests in New York City.
The Model Forest Act Initiative Gains Momentum at United Nations Forum on Forests
The Model Forest Act Initiative gained significant traction at the recent 19th Session of the United Nations Forum on Forests held in New York City (6-10 May 2024).
ADB Delivers Case-Based Training on Arbitration for Armenian Judges
On 4-5 May 2024, the ADB Office of the General Counsel's Law and Policy Reform Program held the Armenia Arbitration Judicial Colloquium in Tsaghkadzor, Armenia. The colloquium helped build participants' capacity to apply international and Armenian legal approaches to arbitration, using a practical approach in which participants grappled with scenarios based on actual cases.
Asian Development Bank Supports Legislative Reform on Digitalization of Trade Documents in Georgia
On 20 April 2024 in Tbilisi, the Asian Development Bank's Law and Policy Reform Program and Trade and Supply Chain Finance Program joined efforts with the Georgia Revenue Service, Digital Standards Initiative, and the United Nations Commission on International Trade Law in hosting more than 50 government officials and private sector representatives for a discussion on the Model Law on Electronic Transferable Records.
ADB holds Stakeholders’ Consultations on Bhutan’s Insolvency Rescue Bill
In conjunction with Bhutan's Ministry of Finance, ADB held stakeholders' consultations on the draft Insolvency Rescue Bill of Bhutan 2024 in Paro on 15-17 April 2024. The objective of the new law is to simplify the current insolvency law, which is seen as complex and impractical particularly for micro, small, and medium-sized enterprises (MSMEs) and individuals.