Client Advisory: Asia Pacific Holds Steady as Improvements Offset by Declines in 2019 Corruption Rankings

By Wendy Wysong, Ali Burney, Susan Munro, Richard Battaglia, Hena Schommer, Nicholas Turner & Anthony Pan

February 11, 2020

Click here to read the full Client Advisory by Steptoe. On January 23, 2020, Transparency International published its 2019 Corruption Perceptions Index (CPI), which measures perceptions of public sector corruption in 180 countries. Viewed together with the 2019 TRACE Bribery Risk Matrix, which also includes private sector corruption, the Asia Pacific (APAC) region overall remains generally high risk for bribery and corruption relative to other parts of the globe, with some notable…

International Compliance Blog

Client Advisory: The Asia Pacific Top Ten FCPA Enforcement Actions of 2019

By Susan Munro, Hena Schommer, Nicholas Turner, Wendy Wysong, Ali Burney & Richard Battaglia

February 4, 2020

Click here to read the full Client Advisory by Steptoe. Of the record-breaking USD 2.9 billion in fines imposed by US authorities in 2019 for violations of the Foreign Corrupt Practices Act (FCPA), almost 95% involved Asia Pacific, primarily China and India, but also Indonesia, Vietnam, Thailand, and South Korea. This year, the US Department of Justice and the Securities & Exchange Commission had cases against well-known multinational corporations operating in the region, and…

International Compliance Blog

Client Advisory: China’s First Export Control Statute May Be Around the Corner

By Meredith Rathbone, Susan Munro, Richard Battaglia, Meihui (May) Xiao & Ying Huang

January 17, 2020

Click here to read the full Client Advisory by Steptoe. On December 28, 2019, China’s Standing Committee of the National People’s Congress (NPC) published a new draft Export Control Law (the draft law) for public comment. As China’s first export control statute, this law is intended to unify and significantly enhance China’s existing export control framework, with reference to prevalent global practices. The 2019 draft consists of 6 six chapters and 48 provisions, a substantial…

International Compliance Blog

Client Advisory: The New Chinese Encryption Regime: Towards a Sustainable Approach

By Susan Munro & Edward Lin

January 7, 2020

Click here to read the full Client Advisory by Steptoe. With the coming into effect of the new PRC Encryption Law on January 1, China is moving steadily to develop and implement an encryption regime that protects core state security interests, while allowing businesses that do not implicate state security to create, trade and use encryption relatively freely. Additionally, it appears that restrictions on foreign investment in the encryption sector and the deployment of foreign…

International Compliance Blog

Generation Shift: Recent Developments in US-China Business Relations and the Path Ahead Under President-elect Trump

By Susan Munro & Richard Wagner

January 19, 2017

The US-China relationship is conceivably the most significant and complex bilateral relationship of the early 21st century, largely because China is the greatest US trading partner that is not a strategic ally. US-China competition regarding security and global influence can drive innovative solutions or hamper trade and other areas of cooperation. Please see our advisory for more as we start to explore some key recent developments and discuss the path ahead.…

Susan Munro

Client Advisory: Asia Pacific Holds Steady as Improvements Offset by Declines in 2019 Corruption Rankings

Client Advisory: The Asia Pacific Top Ten FCPA Enforcement Actions of 2019

Client Advisory: China’s First Export Control Statute May Be Around the Corner

Client Advisory: The New Chinese Encryption Regime: Towards a Sustainable Approach

Generation Shift: Recent Developments in US-China Business Relations and the Path Ahead Under President-elect Trump

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