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In the News: China Enacts Cross-Border Corruption Law, Seeks IPO Pause and AI-Driven Redundancies Protection

Anti-corruption law expands China's overseas enforcement powers and imposes stricter compliance obligations on businesses | China requests banks to pause IPOs as stocks mired in downturns | China issues guidelines to mitigate risks arising from AI-driven redundancies

By CLP staff
In the News: China Enacts Cross-Border Corruption Law, Seeks IPO Pause and AI-Driven Redundancies Protection





New Anti-Corruption Law



China has enacted an Anti-Cross-Border Corruption Law targeting cross-border corruption, giving authorities broader powers to pursue fugitives and recover illicit assets overseas while strengthening controls over foreign investigations conducted within China.

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