China Increases Penalties For Private Sector Bribery | White & Case LLP
To embed, copy and paste the code into your website or blog: China’s most recent amendment to its Criminal Law updates the sentencing framework for non-state functionaries charged with corruption. Under the current framework, non-state functionaries are subject to lighter sentences than state-functionaries for corrupt acts. The amendment addresses this imbalance and aims to render greater protection to the private sector. On December 26, 2020, China’s National People’s Congress (" NPC") promulgated the Eleventh Amendment to China’s Criminal Law (the " Amendment"). The Amendment, which...
Source: jdsupra.com