Amendment to China’s Anti-Unfair Competition Law increases risk of commercial bribery and imposes tougher...

On 4 November 2017, the PRC Anti-Unfair Competition Law was amended providing more clarity on the scope of what constitutes commercial bribery. This post provides an insight on the key features of the new commercial bribery rules.

China’s New Judicial Interpretation Expands and Clarifies Privacy Protection

The PRC Supreme People's Court and Supreme People's Procuratorate have recently issued the Interpretation of Various Issues Concerning Application of Law in Handling Crimes of Infringing upon Citizen's Personal Information.

Asia Pacific Competition Quarterly Newsletter

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.

US Treasury Department Imposes Restrictions on Chinese Bank

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.

Compliance Benchmark 2017: Quantifying the Fundamentals

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.

Baker McKenzie releases Anti-Bribery Laws Handbook 2017 edition

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.

US Government Imposes $1.19 Billion Fine Against ZTE for Violating US Sanctions and Export...

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.

New China Cybersecurity Guidelines for Registration of Networked Medical Devices

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’s New Two-Invoice System in Pharma Distribution Aims to Reduce Drug Prices and Compliance...

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.

China Climbs Four Places in Transparency International’s 2016 Corruption Perception Index

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.

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