Lessons for MNCs: Anti-corruption and bribery in China
August 10, 2015 | BY
clpstaff &clp articlesMNCs must understand Chinese anti-bribery laws and that violations on the ground can have severe extra-jurisdictional effects under the FCPA and UK Bribery Act, examine business practices and have compliance controls checked by both foreign and local counsel
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Chinese authorities have been taking a hard-line approach against bribery. This unprecedented focus on anti-corruption enforcement has reverberated throughout China, from the top of the Communist Party hierarchy to government