With the widespread adoption of “super-apps”, multinational companies operating in China and other emerging economies may be exposed to heightened compliance risks, particularly in light of the recent adoption of a new US Foreign Corrupt Practices Act Corporate Enforcement Policy (FCPA Enforcement Policy) that restricts the use of third-party apps for undocumented business communications.
For more information, read the White Collar Alert written by our colleagues, Nathan Bush, Sammy Fang, and Jason Chang.