CFOs must examine risks in wake of proposed China bribery amendments
The draft amendments of the Anti-Unfair Competition law focus on bribery – with the employer potentially responsible for an employee’s actions.
China's Legislative Affairs Office recently published draft amendments of the Anti Unfair Competition Law (AUCL). The changes emphasise combating commercial bribery from third parties and individual employees. The draft was open to public comment in March, but is now under review.
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