Protecting Corporate Assets in China: Practical Lessons from Shanghai’s Landmark Executive Backstabbing Case
Executive Summary With the official implementation of Amendment (XII) to China’s Criminal Law, the scope of the offense of "Illegal Operation of Similar Business" (非法经营同类营业罪) has expanded beyond state-owned enterprise (SOE) personnel to encompass senior executives of private enterprises and foreign-invested enterprises in China. Recently, the Jiading District People’s Court in Shanghai handed down a landmark verdict in the region’s first case involving a private company execu
UHNW Offshore Investing: Countering the Evolving Fraud Threat
Offshore Financial Centers (OFCs) remain essential for legitimate tax planning, corporate structuring, and cross-border investment. However, the same features that attract ultra-high-net-worth (UHNW) individuals—flexible regulations and strict confidentiality—continue to attract sophisticated criminal syndicates. As we enter 2026, the threat is not merely growing; it is constantly renewing. The Evolving Threat Landscape Recent years have seen a surge in complex, cyber-enabl
