The Hong Kong Government has announced that it will provide extra dedicated funding of HKD 200 million (approximately US 25 million) to the Hong Kong Competition Commission, to enable it bring cases to the Competition Tribunal against businesses suspected of violating the Competition Ordinance.
The Hong Kong Court of Appeal recently upheld that dealing in securities while withholding or not disclosing price sensitive information does not constitute insider dealing provided that the dealing was not in any part caused by the price sensitive information.
The UK Serious Fraud Office obtained a declaration that certain documents prepared during investigations by solicitors and forensic accountants into the activities of a UK-incorporated multinational corporation were not subject to legal professional privilege.
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.
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.
On 27 April 2017, Hong Kong’s High Court rejected allegations by travel agency, Loyal Profit International Development that certain directives issued by the Travel Industry Council (TIC) were anti-competitive, and refused to rule on alleged violations of competition law.
The Hong Kong Court of Final Appeal has handed down a landmark ruling clarifying an important element in an offence under section 9 of the Prevention of Bribery Ordinance.
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.