Covington Burling,Foreign Corrupt Practices Act,Hui Xu,International Trade Commission,litigation
cross-border,Ji Woon Kim,New York,Source Chicago Firm Vedder Price Opens Singapore Office,United States
Beijing Friday,Guo Feng,international arbitration,Japan,Source China
A Chinese academy for arbitration law on Friday proposed to set up a global arbitration research alliance to strengthen exchange in the field.
Conventus Law,foreign bribery prevention,Japan,Japanese Federation of Bar Associations,United Kingdom Bribery Act
In July 2016, the Japanese Federation of Bar Associations (“JFBA”) published new guidelines on foreign bribery prevention (the “JFBA Guidelines”), which sets out a menu of best-practice recommendations to ensure compliance not only with Japan‘s Unfair Competition Prevention Act (“UCPA”), but more importantly with the United States‘ Foreign Corrupt Practices Act (“FCPA“) and United Kingdom‘s Bribery Act 2010 (“UKBA”). These guidelines represent yet another step in Japan‘s ongoing and increasing efforts to combat bribery and corruption and to protect its companies doing business abroad.
According to the document, mandatory national standards will be introduced to regulate the fields of major information technology infrastructure protection and classified networks.
Authorities will accelerate the introduction of standards in cyber security, personal information protection, cyber security information sharing and other fields. The new standards will be in line with the country’s laws and regulations.