On December 26, 2020, China amended its Criminal Law to increase the penalties on “non-state functionaries” for taking or soliciting bribes.… Continue Reading
China released draft amendments Thursday to its Anti-Unfair Competition Law that could reshape how commercial bribery in China is interpreted and enforced.
Specifically, the Draft Amendments would (1) more precisely define commercial bribery, including liability for bribes paid through third parties, (2) clearly include vicarious liability for employers for the actions of their employees, and (3) significantly increase penalties for commercial bribery for companies and for those facilitating or turning a blind eye to bribes. … Continue Reading
On November 3, 2014, China’s legislature released for public comment (Chinese) draft amendments to China’s Criminal Law (“the Draft Amendments”), a number of which broaden and strengthen crimes and penalties related to bribery and corruption.… Continue Reading