Tag Archives: PRC

E&Y “State Secrets” Case Kicks Off in Hong Kong – But a Long Way to Go

Evidence kicked off last week in the highly anticipated case brought by Hong Kong’s Securities and Futures Commission (“SFC”) against Ernst & Young Hong Kong (“E&Y”) over its failure to adequately respond to statutory requests for information in relation to an SFC investigation of the failed 2009 IPO of Chinese waste management company, Standard Water … Continue Reading

People’s Republic of China (PRC) Implements Significant Penalties for Commercial Bribery in Recently Issued Trial Regulations on Centralized Procurement of Medical Consumables

This post was also written by Christine Liu and Gordon Schatz. China’s Ministry of Health, along with five other government agencies, issued Trial Regulations on Centralized Procurement of High-Value Consumable Medical Supplies on December 17, 2012. These regulations went into effect immediately upon issuance and contain procedures for the centralized purchasing of a wide range … Continue Reading