In brief Japan amended the provisions on the crime of bribing foreign public officials (“Criminal Bribery of Foreign Officials”) under the Unfair Competition Prevention Act (UCPA), effective 1 April 2024, and updated the Guidelines for the Prevention of Bribery of Foreign Public Officials (“Foreign Bribery Guidelines”) in February 2024. Key changes to the UCPA include increased fines and longer terms of imprisonment for individuals or corporations who bribe foreign public officials, expanded corporate liability and…
In brief The effect of the COVID-19 pandemic continues to dominate the world, bringing elevated level of instability to businesses across various industries. Such uncertainties have triggered the growth of different types of disputes, and have greatly influenced the way we solve these. In Asia Pacific, we have already witnessed changes in the judicial systems to adapt to the new “norm.” While the circumstances present many challenges, there are also considerable opportunities for those who…