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Vol 7 No. 1 January - June 2008 - Faculty of Law - National ...

Vol 7 No. 1 January - June 2008 - Faculty of Law - National ...

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[ <strong>Law</strong> School Highlights ]<br />

3 rd Pr<strong>of</strong>essorial Lecture by Emeritus Pr<strong>of</strong>essor Koh Kheng Lian ’61<br />

Progressive Development <strong>of</strong> ASEAN<br />

Environmental <strong>Law</strong>, Governance and Policy:<br />

Assessment and Analysis<br />

The “Joint Communiqué”, issued by the Foreign Ministers<br />

<strong>of</strong> ASEAN, following its meeting in Manila from 29-30<br />

July 2007, welcomed the proposal by Singapore to focus<br />

on “Energy, Environment, Climate Change and Sustainable<br />

Development” as the theme for discussion at the 13th ASEAN<br />

Summit meeting held in Singapore from 18-22 <strong>No</strong>vember<br />

2007. This is the first time in the history <strong>of</strong> ASEAN that<br />

environment has taken centre stage. Perhaps not much is<br />

known that since 1977 ASEAN has been slowly but steadily<br />

developing environmental instruments. Today, there are<br />

more than 70 such instruments dealing with various aspects<br />

<strong>of</strong> environmental law, policy and governance.<br />

This lecture assessed and analyzed the progressive<br />

development <strong>of</strong> environmental law in ASEAN, particularly<br />

in terms <strong>of</strong> implementation, compliance and enforcement.<br />

It also considered the role <strong>of</strong> ASEAN in facilitating the<br />

implementation <strong>of</strong> global MEAs (Multilateral Environmental<br />

Agreements) and other environment instruments.<br />

As ASEAN celebrated its 40th anniversary last year it was<br />

timely to take stock <strong>of</strong> its progress in this field as it moved<br />

forward to the ASEAN Charter’ the ASEAN Declaration on<br />

Environmental Sustainability, and the Singapore Declaration<br />

on Climate Change, Energy and the Environment, which<br />

were outputs <strong>of</strong> the 13th Summit.<br />

4 th Pr<strong>of</strong>essorial Lecture by Emeritus Pr<strong>of</strong>essor Peter Ellinger<br />

Fifty Years <strong>of</strong> Banking <strong>Law</strong><br />

In his fifty years as a banking lawyer, Pr<strong>of</strong>essor Ellinger observed and studied the<br />

developments that have taken place in banking law and practice in the period following<br />

the 2nd World War. After a brief introduction <strong>of</strong> the nature <strong>of</strong> banking practice and<br />

banking law in earlier periods, the lecture reviewed the technological developments<br />

in banking (including the effects <strong>of</strong> computerisation and <strong>of</strong> the electronic revolution),<br />

the emergence <strong>of</strong> multi-national banks and the general globalisation <strong>of</strong> banking. In the<br />

process, banks have evolved from locally orientated financial institutions into a financial<br />

sector controlling the international movement <strong>of</strong> funds and practically in charge <strong>of</strong> wealth<br />

management. The lecture then dealt with the effects <strong>of</strong> these commercial developments on<br />

both international and local banking law, including a review <strong>of</strong> the role <strong>of</strong> legally trained<br />

personnel on the relationship between banker and customer. The reaction <strong>of</strong> courts and<br />

<strong>of</strong> legislatures to one-sided and harsh general terms and conditions drafted by banks<br />

were covered in detail. The enactment <strong>of</strong> statutes such as the Unfair Contract Terms Act<br />

and efforts to establish a doctrine <strong>of</strong> good faith in contractual dealings were reviewed in<br />

the context <strong>of</strong> banking law. Emphasis was placed on Recent Developments in Singapore<br />

Litigation.<br />

<strong>Law</strong>Link 17

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