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Proposed Amendments Bribery

DLA Piper

The Future of "Counterparty Bribery" Offenses Under China's Anti-Unfair Competition Law

DLA Piper on

Pending proposals to amend China's Anti-Unfair Competition Law (AUCL) may further blur the line between antitrust and anti-corruption offenses under China's enigmatic "counterparty bribery" rules. The AUCL, first enacted in...more

Latham & Watkins LLP

China Proposes Updates on Commercial Bribery Provisions in AUCL

Latham & Watkins LLP on

China’s SAMR published a draft amendment to the Anti-Unfair Competition Law, which overhauls the commercial bribery provisions for giving, instructing, and accepting bribes. Key Points: In summary, the proposed commercial...more

White & Case LLP

China Releases Draft Amendments to The Anti-Unfair Competition Law

White & Case LLP on

On 22 November 2022, China's State Administration for Market Regulation ("SAMR") released the Draft Amendments to the Anti-Unfair Competition Law ("Draft AUCL Amendments"). Enacted in 1993 (and subsequently amended in 2017...more

Goodwin

FinCEN Issues Advisory For Financial Institutions to Look Out for Kleptocracy and Foreign Corrupt Activity

Goodwin on

In This Issue. The Financial Crimes Enforcement Network (FinCEN) is urging financial institutions to focus their efforts on detecting the proceeds of foreign public corruption; the Financial Industry Regulatory Authority...more

A&O Shearman

Venice Commission expresses concerns over proposed amendments to two criminal codes

A&O Shearman on

In order to implement the relevant Constitutional Court decisions and EU Directives, a reform of the Romanian criminal codes is required....more

A&O Shearman

Government proposes shake-up of Australia's foreign bribery laws

A&O Shearman on

The Australian Government is currently considering amendments to its foreign bribery laws. The proposed amendments include a new corporate offence of failing to prevent foreign bribery and a model for a deferred prosecution...more

Pillsbury Winthrop Shaw Pittman LLP

China Aims to Strengthen Regulations on Commercial Bribery

Recently, the Legal Affairs Office of the State Council released draft amendments (Draft Amendments) to the Anti-Unfair Competition Law (AUCL) of the People’s Republic of China (PRC) for public comments. The Draft Amendments...more

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