China

China and Hong Kong: Cyber Fraud Recovery

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Hong Kong and Mainland China are common destinations for embezzled funds In today’s global marketplace, disputes are growing in number and complexity. Businesses are facing...

China: New Shanghai Anti-Unfair Competition Regulations to strengthen compliance management in business operations from...

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Effective from 1 January 2021, the Shanghai Anti-Unfair Competition Regulations ("Regulations") require all business operators in Shanghai to strengthen their internal controls and compliance management. Our alert discusses the implications of this significant development, which is the first time that the concept of a compliance program has been introduced into Chinese laws and regulations. 

International: The Extended Enterprise – Third Party Risk Management for the Consumer Goods &...

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Our multidisciplinary practitioners discuss the importance of the need for consumer goods and retail (CG&R) businesses to be aware of their "extended enterprise" – the complex network of third parties they depend on to develop, market and sell their products and services.

China and Hong Kong: Employment Law Review 2020 – Hong Kong and Mainland China

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Our Hong Kong and China employment teams covered important changes and trends in employment law over the past year.Hong KongTopics under the employment legislative...

US – BIS adds Chinese multinationals to the Entity List and publishes FAQs about...

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On December 22, 2020, the US Commerce Department’s Bureau of Industry and Security (“BIS”) published a final rule (“Final Rule”) in the Federal Register adding 77 entities and...

US: OFAC Issues FAQs Clarifying Restrictions on Purchasing Securities of Certain Chinese Companies

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Over the past two weeks, the Office of Foreign Assets Control (“OFAC”) published a series of FAQs related to Executive Order 13959, “Addressing the Threat from...

International: Fintech Legal Accelerator: Cracking the Legal Code

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 In this recording of our introductory workshop, Baker McKenzie FinTech Legal Accelerator: Cracking the Legal Code, held as part of the Hong Kong FinTech Week...

China: Chinese antitrust authority gets ready to take action on internet platform economy

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On 10 November 2020, China's State Administration for Market Regulation (SAMR) published draft Anti-Monopoly Compliance Guidelines for the Platform Economy (“Draft Guidelines”) for public consultation.1The Draft Guidelines clearly signal that stronger antitrust enforcement in China's tech sector is likely. This appears to be driven by a desire on the part of the Chinese government to rein in the growing strength of internet platforms, and to encourage a more diverse market structure.  The Draft Guidelines are expected to be finalized by the end of this year or early next year.

China: Asia Pacific Competition Highlights, Q3 2020

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China's releases Antitrust Guidelines on the automotive sector and IP rights China issued Antitrust Guidelines in the Intellectual Property Rights Area Integrated circuit and software industries set as enforcement priorities Integrated circuit and software industries set as priorities of China's antitrust enforcementNew Auto Guidelines represent the first attempt to provide guidance on regulating non-price vertical restraints in China. The IPR Guidelines put forward market share-based safe harbors for the IPR field. The newly released leniency and commitment guidelines provide procedural options for an investigation to end with no or less penalties. China's State Council calls for strengthened antitrust enforcement to protect fair competition in the integrated circuit and software industries.

China: China’s Belt and Road Initiative (BRI) and Latin America – A New Wave...

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China played a key role in supporting Latin America to recover after the 2008-2009 global financial crisis. Will that be the case again after...
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