Personal information compliance relating to self-driving cars

Foreign Investment Law: Influence on the FIEs and Opportunities

Allbright Newsletter August 2019

Enforcing Judgments of Chinese Courts in Australia 在澳大利亚执行中国法院的判决

Compliance for ‘easy access and strict management’

The third plenary session of the 19th Central Committee of the Communist Party of China made a major decision to deepen the reform of the party and state institutions, taking improving the market supervision and law enforcement system as an important part of the reform. Through the adjustment of the structure of many regulatory departments, the administrative and law enforcement forces for industry and commerce, quality inspection, food, medicine, commodity prices, trademarks, patents, etc., have been fully integrated. After the integration of market supervision forces, the government can use the management system of “easy access and strict management” to manage business operations.

New Opportunities brought to FIEs by the Sci-Tech Board

Compliance concerns in holding, attending medical conferences

The holding and sponsorship of medical conferences by pharmaceutical enterprises can easily lead to a finding of commercial bribery.

Allbright Newsletter June 2019

Anti-bribery compliance of multinational companies

Recently, as regulators in various countries generally heighten enforcement efforts against bribery, domestic authorities are also improving their efforts in the fight against corruption. For multinational companies, observing anti-corruption regulations in and outside the PRC are both important. Foreign enforcement bodies mostly require or encourage companies to establish an anti-bribery compliance system. While in practice many bribes are offered by or through individuals, for example salespersons, the company is eventually held accountable. Overseas regulators are mostly unlikely to be convinced by companies reacting on the ground of “personal activity”, if there is no evidence that an effective anti-bribery system is in place.

DDP and compliance risks in value determination by customers

Against the background of a trade conflict, the conditions under the delivered duty paid (DDP) are being applied more often to avoid customs duty risks and lock in transaction costs. The “DDP delivery method” means that the exporter completes the import customs clearance procedures at the destination designated by the trading parties, and then delivers the goods to the importer. This article analyzes the customs value-determination risks under DDP trade conditions.