This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

China's SAMR promotes 'service-oriented law enforcement' in market regulation

( November 4, 2024, 09:08 GMT | Official Statement) -- MLex Summary: China's State Administration for Market Regulation is promoting "service-oriented law enforcement," according to a set of guidelines issued by the market authority recently. The new guidelines, coupled with a set of enforcement codes, aim to address issues such as formulaic, profit-driven enforcement and overly aggressive enforcement, Kuang Xu, director of SAMR's Law Enforcement and Inspection Bureau, told a press briefing late last week. Xu said SAMR is building a model that focuses on prevention of violations; exempts minor breaches; imposes severe penalties for serious violations; and ensures proportionate punishment.The excerpt of the transcription follows and files are attached:...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Attached Documents

Related Sections