Admit today; prosecution goes away? China expands its corporate compliance toolkit

Especially in the last decade, governments around the world have increased efforts to combat corruption, fraud, money laundering, and other white-collar crimes. To achieve this goal, many law enforcement agencies and regulatory authorities have adopted new approaches to law enforcement. The use of Non-Prosecution Agreements (“NPAs”) and Deferred Prosecution Agreements (“DPAs”), particularly by the U.S. authorities, have come to play an important role and have been adopted by a number of countries. China has started to explore its own domestic tool. 

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