Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Shruti J. Shah
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
After a recent report by Muddy Waters Research called NQ Mobile “A ‘Massive Fraud’ Worth $0,” the Chinese target fought back, saying Muddy Waters’ accusations were out of the question.
NQ Mobile reportedly has brought a civil lawsuit against Muddy Waters in China.… Continue Reading
It has been typical under PRC law for bribe takers to be punished more severely than bribe givers. The policy was to punish extortion and incentivize cooperation with government investigations. But as recent investigations into the sales practices of big pharmaceutical companies have shown, this policy may be changing.… Continue Reading
If a local manager in China pays bribes and is liable under the law, could his or her supervising executives in the U.S. or Europe also be held criminally responsible? Or should they shrug off the possible liabilities by claiming “the mountain is high, the emperor is far away?”… Continue Reading
There are nine separate crimes related to bribery under Chinese Criminal Law. What’s important to know is that these crimes aren’t always equivalent to offenses under the more familiar FCPA and UK Bribery Act.… Continue Reading
One of China’s anti-bribery laws is the Anti-Unfair Competition Law (AUCL). An offense involves the free functioning market competition that the AUCL was formulated to protect.
Article 8 of the AUCL provides that: “a business operator shall not resort to bribery, by offering money or goods or by any other means, in selling or purchasing commodities.… Continue Reading
While both the PRC and the U.S. provide financial incentives for whistleblowers to report violations, the difference in scale of the incentives offered is huge.
The U.S. has comprehensive federal-level whistleblower policies that generally pay the whistleblower between ten and thirty percent of amounts recovered from defendants, and guarantee certain anti-retaliation protections.… Continue Reading
Last week, Chinese police detained employees at the Shanghai, Beijing, and Changsha offices of a British pharmaceutical giant as part of an investigation into possible economic crimes committed by the company in China, including bribery.… Continue Reading
FBI Director Robert Mueller defended the controversial government surveillance program Prism before a U.S. House Committee on June 13, saying it’s a necessary part of America’s counter-terrorism operation.
Had Prism been in place before the September 11 terrorist attacks, he said, the hijackers’ plot could have been uncovered.… Continue Reading
