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Analyzes AI's role in the legal industry, emphasizing its function as a supporting tool rather than a replacement for lawyers. AI enhances efficiency in document review and contract drafting, but lacks human judgment, commercial context, and accountability. The article stresses that law firms are implementing governance frameworks for secure, responsible AI integration.

Summarizes major stamp duty reforms, primarily the Self-Assessment (SA) System which reduces processing delays. Key changes include a flat 8% duty for foreign property purchasers and stamp duty exemptions for employment contracts with wages under RM3,000. It also highlights revised rates for leasing arrangements based on annual rent and lease terms.

Explores the Insolvency (Cross-Border) Act 2025, which adopts the UNCITRAL Model Law. It establishes a unified framework for corporate insolvency involving multiple jurisdictions, enabling Malaysian courts to recognize foreign proceedings and coordinate with international representatives. This alignment with international standards aims to improve legal certainty for global businesses.

Details the Consumer Credit Act 2025 (Act 873), which regulates Buy Now, Pay Later (BNPL) schemes and other non-bank credit. It establishes the Consumer Credit Oversight Board (CCOB) and a mandatory licensing regime. The Act focuses on responsible lending, prohibiting misleading advertising, and ensuring credit providers assess a consumer's ability to repay before granting credit.