NACC Thailand Sec 123/5 — Corporate Liability → China (PRC Criminal Law §163-164 + SAMR Commercial Bribery 2024) 🇨🇳
PRC Criminal Law §163 §164 §385-393 + Anti-Unfair Competition Law §7 + SAMR Rules 2024 · CCDI + SPP + SAMR + Ministry of Public Security · Commercial bribery + government bribery + SAMR 2024 increased fines + Sinopec/Walmart precedent
NACC Thailand Sec 123/5 — Corporate Liability for China (PRC Criminal Law §163-164 + SAMR Commercial Bribery 2024) falls under PRC Criminal Law §163 §164 §385-393 + Anti-Unfair Competition Law §7 + SAMR Rules 2024 — authority CCDI + SPP + SAMR + Ministry of Public Security · program Commercial bribery + government bribery + SAMR 2024 increased fines + Sinopec/Walmart precedent.
Partner network: DOJ Fraud Section, SEC FCPA Unit, UK SFO, French PNF/AFA, German BfDI, NACC, AMLO and SEA-PAC.
China (PRC Criminal Law §163-164 + SAMR Commercial Bribery 2024) legal framework: PRC Criminal Law §163 §164 §385-393 + Anti-Unfair Competition Law §7 + SAMR Rules 2024 — enforced by CCDI + SPP + SAMR + Ministry of Public Security · program Commercial bribery + government bribery + SAMR 2024 increased fines + Sinopec/Walmart precedent. China Criminal Law §164 + AUCL §7 + SAMR 2024 enforces against MNCs + fines up to 10× + 10y imprisonment.
Workflow: risk assessment → policy → training → DD → monitoring → audit → ISO 37001 → cooperation/disclosure.
NACC Thailand Sec 123/5 — Corporate Liability takes 60-180 working days at 385,000-1,485,000 บาท.
ISO 37001 — certified 95+ firms (BOI, SET-listed, government contractor) with zero recertification rejection.
Coverage
How it works
- 1
Map PRC Criminal Law §163 §164 §385-393 + Anti-Unfair Competition Law §7 + SAMR Rules 2024
Thresholds + extraterritoriality + CCDI + SPP + SAMR + Ministry of Public Security requirements.
- 2
Risk + policy
Risk assessment + ABC policy + WB channel under Commercial bribery + government bribery + SAMR 2024 increased fines + Sinopec/Walmart precedent.
- 3
Training + DD
Role-based training + third-party DD + sanctions screen.
- 4
Audit + certification
Internal audit + ISO 37001 + management review.
- 5
Cooperation + disclosure
Voluntary disclosure + DPA/NPA/CJIP + monitor + remediation.
Frequently asked questions
Which law in China (PRC Criminal Law §163-164 + SAMR Commercial Bribery 2024)?
PRC Criminal Law §163 §164 §385-393 + Anti-Unfair Competition Law §7 + SAMR Rules 2024
Enforcing authority?
CCDI + SPP + SAMR + Ministry of Public Security
Covered program?
Commercial bribery + government bribery + SAMR 2024 increased fines + Sinopec/Walmart precedent
Country notes?
China Criminal Law §164 + AUCL §7 + SAMR 2024 enforces against MNCs + fines up to 10× + 10y imprisonment.
Timeline?
60-180 working days.
Extraterritorial reach?
FCPA = US person/USD/email. UKBA = UK nexus. Sapin II = French subsidiary. NACC = Thai entity.
Penalties?
FCPA = USD 2M/violation + disgorgement. UKBA §7 = unlimited fine. Sapin II = €1M AFA. NACC = 2× benefit + 10y prison.