Lessons for MNCs: Anti-corruption and bribery in China

MNCs 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

7 minute read August 10, 2015 at 04:07 AM
By
clpstaff and clp articles

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 offices at all levels, and even to executive board rooms across the country.



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