The aim of this quarterly is to give you a regular, brief practical overview of significant competition law developments that may affect your business operations in the region.
The US Treasury Department’s Financial Crimes Enforcement Network issued for public inspection a notice of proposed rulemaking that would restrict a Chinese commercial bank’s access to the US financial system based on a finding that the bank was involved in money laundering activities involving North Korea.
We have summarized the results of the compliance studies of the past 12 months and summarized the results in this post. Find out how you measure up against the benchmark.
We are very pleased to present you the latest edition of our Global Overview of Anti-Bribery Laws Handbook, updated with detailed information about key legislative and enforcement activity in the anti-bribery and corruption sphere.
Tthe second-largest producer of telecommunications equipment in China, entered into a plea agreement with the US Department of Justice for violations of US sanctions against Iran and US export controls.
The China Food and Drug Administration has issued guidelines aimed to implement China’s new Cybersecurity Law in the administration of medical devices in China. This development is a clear signal that Chinese regulators intend to enhance cybersecurity protection in the healthcare sector.
China has launched the “two-invoice” system in drug distribution on a trial basis, aiming to improve transparency in drug prices and eliminate excessive profit margins associated with multi-tier distribution models.
Transparency International has launched its latest 2016 Corruption Perception Index. China’s ranking continues to improve, moving up by four places from last year’s rank of 83 to a rank this year of 79. Find out more about the other highlights.
The Court of First Instance of the Hong Kong High Court ordered the Securities and Futures Commission to produce relevant documents obtained in its investigations to respondents of disqualification proceedings.
After much anticipation, the Chinese legislature finally passed the Cybersecurity Law on 7 November 2016, and the CSL will come into legal effect on 1 June 2017. The CSL is the last of the trio of laws focusing on cybersecurity, after the National Security Law and the Anti-Terrorism Law.