A recent amendment to China's Company Law mandates the inclusion of at least one Chinese employee on the board of directors for all Chinese companies with over 300 employees, including subsidiaries of foreign parent companies. This new requirement, effective from the date of the amendment, brings
The recently released 2024 Bankruptcy, Insolvency & Rehabilitation Guide by the International Lawyers Network (ILN) serves as an indispensable resource for legal practitioners facing the multifaceted challenges of insolvency disputes. This comprehensive guide digs deep into the most recent changes
The article explores HashKey Global's strategic move to integrate the CODE Travel Rule solution to enhance compliance and security in cryptocurrency transactions. This initiative not only reflects HashKey Global’s commitment to aligning with global regulatory standards but also bolsters trust among
In a rapidly globalizing world, the significance of corporate governance cannot be overstated. It is the backbone of any company's structure, focusing on how firms are directed, controlled, and held accountable. Corporate governance incorporates a framework of rules, practices, and processes that
Corporate compliance programs are at the forefront of maintaining legal and ethical business conduct. With the U.S. Department of Justice (DoJ) recently updating its Evaluation of Corporate Compliance Programs (ECCP) guidance, the stakes have never been higher for companies to ensure their
The music industry is no stranger to financial turbulence, but the case of Proper Group, formerly known as Utopia Music, presents a particularly compelling narrative of rapid growth, financial mismanagement, and eventual corporate restructuring. Initiated by a relatively minor unpaid legal bill,
