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China proceeds legislation against cross-border corruption, closing legal gap in overseas probe, fugitive hunt and asset recovery: expert_我的网站

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An animated picture features Chinese law enforcement official tracking back a fugitive who flees overseas with his ill-gotten asset during the Skynet operations, China's project to track down fugitives. Photo:VCG
    An animated picture features Chinese law enforcement official tracking back a fugitive who flees overseas with his ill-gotten asset during the Skynet operations, China's project to track down fugitives. Photo:VCG
Chinese lawmakers began reviewing a draft law on combating cross-border corruption on Tuesday, a legislation which experts believe would help close legal gaps in investigating overseas corruption, pursuing fugitives and recovering illicit assets, while strengthening international cooperation and corporate compliance.
The draft was submitted for its first reading to the ongoing session of the Standing Committee of the National People's Congress, the country's top legislature, per Xinhua News Agency.
Huo Zhengxin, a professor at the China University of Political Science and Law, told the Global Times that the draft law represents a dedicated piece of legislation within China's anti-corruption legal framework and a major step forward in the country's law-based governance of foreign-related affairs. It will fill a legislative gap in combating cross-border corruption, Huo said.
As Chinese companies expand business overseas, cross-border corruption cases face challenges in obtaining evidence abroad, pursuing fugitives and recovering illicit assets. Existing anti-corruption laws have faced limitations in addressing such cases involving foreign affairs, making such dedicated legislation necessary, Huo said. 
Structured into six chapters and 47 articles, the draft sets out the principles, scope and key provisions underpinning China's efforts to combat cross-border corruption. It also defines relevant operational mechanisms and institutional responsibilities, and seeks to strengthen case handling and international cooperation.
The draft further clarifies enterprises' obligations regarding integrity and compliance, and specifies legal liabilities for violations.
As one of the experts involved in drafting the legislation, Huo said a key innovation of the draft is to strengthen international cooperation and corporate integrity and compliance obligations. As evidence, suspects and illicit assets in cross-border corruption cases are often located overseas, the draft provides mechanisms including extradition, mutual legal assistance and repatriation, while aligning with relevant rules under the UN Convention against Corruption (UNCAC), said the expert.
The draft also makes clear that Chinese companies operating overseas, including both state-owned and private enterprises, have legal obligations to uphold integrity and compliance with domestic laws, Huo said.
The legislation would also codify practices accumulated through China's past campaigns against cross-border corruption, such as Sky Net and Fox Hunt operations, turning them into a more systematic legal framework and strengthening the law's deterrent effect, according to Huo.
The draft law is a practical step to regulate the development of cross-border businesses and help build a world-class business environment aligned with market principles, the rule of law and international standards, Xinhua noted.
It is also expected to expand the legal tools available to combat cross-border corruption and help address challenges in detecting corruption, collecting evidence, recovering illicit assets and securing convictions, according to the report.
In January, CCTV News reported on the case of a former senior executive of China National Offshore Oil Corporation, who was accused of accepting large amounts of bribes that were concealed overseas, with a businessman allegedly acting as a "front" to collect the illicit payments.
The draft's explicit corporate integrity and compliance requirements would make it harder for individuals to disguise bribery and other corrupt practices through overseas projects in an attempt to circumvent domestic oversight, while further clarifying the extraterritorial reach of China's anti-corruption laws, Huo said.
The draft also contains provisions to counter the use of foreign countries' domestic anti-corruption laws to exercise "long-arm jurisdiction" over Chinese companies, which Huo described as another important innovation in China's foreign-related legal framework.
China has been deepening its efforts in international anti-corruption cooperation, with 963 corrupt fugitives repatriated to the country in 2025, according to a work report from the country's top anti-graft body, Xinhua reported.

。    IT之家 7 月 22 日消息,彭博社马克 · 古尔曼昨日报道称,苹果公司预计于 2026 年 7 月 28 日(下周二)在美国市场推出名为“Apple Upgrade”的全新设备租赁计划。         这项服务将覆盖 iPhone、Mac、iPad 及 Apple Watch 的大部分机型,是苹果在硬件销售模式上的一次重要调整。         据介绍,苹果将与金融科技公司 Klarna 合作,由后者为该租赁项目提供资金支持。

B | 受此消息影响,Klarna 股价一度上涨 11% 至 20.78 美元。         古尔曼透露,Apple Upgrade 的运作模式类似于订阅服务。用户可以根据自身需求,在租赁期间提前付清设备款项、提前升级至新款机型,或在租期结束后选择保留或归还设备。其中,iPhone 和 Apple Watch 的租赁周期为 24 个月,而 Mac 和 iPad 则为 36 个月。在部分情况下,提前终止或升级交易可能会产生额外费用。

C |          在美国地区,用户需要通过 Klarna 的软性信用审查(Soft Credit Check)以获得资格,该审查不会影响个人信用评分。         苹果计划将“Apple Upgrade”宣传为一种相较于现有分期融资方案月付款更低的选择。为推广该计划,苹果将停止接受其原有的 iPhone 升级计划(iPhone Upgrade Program)及标准分期付款的新用户注册。         值得注意的是,与现行的 iPhone 升级计划不同,“Apple Upgrade”并不包含 AppleCare+ 保修服务。同时,并非所有设备都支持该租赁方案,Apple Watch SE、入门级 iPad、iPhone 16 以及 MacBook Neo 等机型均被排除在外。此外,企业和教育采购也不适用此计划。         在此之前,苹果已对 Mac、iPad 及其他设备进行了数百美元的价格上调。市场也普遍预期,苹果可能在 9 月发布新款 iPhone 时再次提价。

D |          值得一提的是,苹果曾在 2024 年放弃了自行推出 iPhone 硬件订阅服务的计划。通过此次与 Klarna 的外部合作,苹果得以提供硬件租赁的购买模式,而无需自行承担相关的财务与融资风险。

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