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The Korean Fair Trade Commission chairman ("KFTC"), has presented its 2013 agenda, which prioritises the reform of large conglomerates, increasing competition opportunities and fairness for small businesses, eradicating cartel practices and creating...

Clifford Chance, in conjunction with the Asia Securities Industry & Financial Markets Association (ASIFMA), has conducted a survey of eight key Asian jurisdictions to obtain an overview of the insolvency regimes and resolution powers available in relation...

The Asia Pacific region remained a hotspot for US anti-corruption enforcement authorities in 2012. Six of the twelve corporate Foreign Corrupt Practices Act (FCPA) settlement agreements in the past year involved business operations in that region. In addition...

The Basel Committee on Banking Supervision ("BCBS") published the finalised Liquidity Coverage Ratio ("LCR") on 7 January 2013. The finalised LCR is less onerous than the original formulation published in December 2010 and should therefore...

Transparency International’s recently released Corruption Perceptions Index 2012 reveals important new data for companies operating in Asia Pacific. There is some improvement and some backsliding amongst the countries reviewed, but with only one exception,...

Designing a corporate anti-corruption compliance program for companies operating in Asia Pacific sometimes feels like trying to fit a round hole around a square peg. No amount of pounding will smooth the edges off a thousand years of guanxi. Fortunately, perhaps...

Not infrequently, our introduction of the concept of "Tone from the Top" commitment to compliance has been met with open-mouthed astonishment and, in some cases, suspicion or even rejection by Asia Pacific managers and C-Suite executives.  Management...

In a recently released survey of asset management professionals conducted by Clifford Chance and AsianInvestor, three key themes emerged. Asian investors are diversifying away from equities, the marked decline of Europe as a source of assets and as an investment...

The purpose of this handbook is to provide an overview of the anti-corruption regimes in Asia Pacific. Each section features the key pieces of legislation and highlights how businesses operating in these countries should best deal with anti-corruption ...

This month, Transparency International (TI) released its 2011 Bribe Payer's Index (BPI). Companies seeking to accurately assess the risk of doing business in Asia Pacific or with a partner from the Asia Pacific Region should incorporate this index in their...