The amended Anti-Unfair Competition Law (“2018 AUCL”) has become effective on January 1, 2018. Interesting aspects (selection only) for General Managers, CFO’s, compliance managers, in-house legal counsels etc. are:
· General introduction of AUCL changes;
·Potential limitations and exclusions in liability of an enterprise based on establishment and implementation of a proper compliance management system including new possibilities to design KPIs for compliance officers;
· New rules for certain business activities (e.g. promotion activities between companies)?
·Local practice: review of Shanghai enforcement practice in 2017
·Local practice: expected focus areas of the anti-bribery campaign in 2018