Hong Kong

Court of Final Appeal Hands Down Landmark Ruling on Private Sector Bribery

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’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.

Hong Kong: Court Confirms a Heightened Need for Disclosure in Disqualification Proceedings Against Directors

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.

Baker McKenzie launches Global Anti-Corruption Risk Map

Baker McKenzie has created a one of its kind Anti-Corruption Risk-Map. The risk maps provide information on primary anti-corruption legislation and enforcement agencies, offences, defences and penalties in 55 countries.

Hong Kong: Director’s Failure to Disclose Interest = Commercial Bribery?

Latest Court of Final Appeal decision shows that a director's failure to disclose interest can have private sector bribery implications.

Hong Kong: First Market Misconduct Tribunal Decision Against Listed Company and Its Officers for...

The Market Misconduct Tribunal issued a report finding that a company and its directors breached the disclosure obligations under the Securities and Futures Ordinance by failing to disclose inside information as soon as reasonably practicable.

The new global anti-bribery standard – how will your company measure up?

After several years of development, involving input from over 50 countries, the International Organisation for Standardisation (ISO) has finally published ISO 37001: Anti-Bribery Management Systems Standard - a new international standard designed to assist organisations worldwide in implementing and maintaining effective anti-bribery systems.

2016 Global Overview of Anti-Bribery Laws Handbook released

Baker & McKenzie released the 2016 edition of its Global Overview of Anti-Bribery Handbook. You can read the Handbook for free on Global Compliance News.

Hong Kong Competition Ordinance: Six Months On

More than six months have passed since the full implementation of the Hong Kong Competition Ordinance on 14 December 2015. We highlight the most significant developments over the past six months.

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