Clifford Chance

Medical Device Loans: Transparency is Key to Anti-Corruption

16 July 2015

Medical device firms have long been targets of anti-bribery investigations in China. Many of them have designed and implemented stringent compliance policies to prevent typical corruption conducts such as kickbacks and luxurious entertainments. However, this does not remove them from regulators' attention: in recent years, many medical device firms are facing investigations on business activities that are not traditionally seen as bribery. One example is the rental-free equipment loan arrangement.

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