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Further Guidance on Criminal Graft and Bribery Released by Chinese Judicial Authorities
On April 18, 2016, two Chinese judicial authorities released an interpretation that provides further guidance on how criminal cases related to graft and bribery are handled in China effective immediately. The Supreme People’s Court and Supreme People’s Procuratorate of China jointly released the Interpretation on Graft and Bribery of Several Issues Concerning the Application of Law in Handling Criminal Cases Related to Graft and Bribery (“Interpretation on Graft and Bribery”). In summary, the Interpretation on Graft and Bribery:
- Raises the monetary threshold and standards for certain bribery prosecutions;
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